Canadian partners set new inland feeder service

A Canadian merchant marine operator, Desgagnés will run an inland feeder service between Hamilton and Montreal in Canada. Desgagnés will deploy its multipurpose tweendeck, Lo-Lo cargo ship Sedna Desgagnés on the new service, which will make its first voyage on 10 June sailing from Hamilton’s Pier14 to the Port of Montreal. This shipment is the […]

COSCO in talks to acquire HHLA terminal stake

Hamburger Hafen und Logistik AG (HHLA) and COSCO SHIPPING Ports Limited (CSPL) are negotiating the purchase of a minority shareholding by CSPL in HHLA Container Terminal Tollerort GmbH (CTT), a wholly-owned subsidiary of HHLA. CTT operates Container Terminal Tollerort, the smallest facility of the three HHLA container terminals in the Port of Hamburg, and is […]

TT Club stresses importance of hazardous cargo’s safe movement after X-Press Pearl disaster

TT Club has highlighted the need of addressing the issues of mishandling dangerous cargo, which in several cases leads to container ship fires, with the most recent and indicative example of X-Press Pearl, which is now sinking off Colombo after being on blazes for more than two weeks. The UK-based insurance company again urges all […]

Maersk’s Skou suggests US$450/tonne bunker tax, MSC’s Toft backs carbon pricing and decarbonisation R&D fund

Søren Skou, CEO of AP Moller – Maersk, has proposed a carbon tax on ship fuel of at least US$450 per tonne of fuel, which translates to around US$150 per tonne of CO2. The boss of the Danish giant described it as “a levy to bridge the gap between the fossil fuels consumed by vessels […]

X-Press Pearl is sinking off Sri Lanka

The Singaporean-flagged vessel X-Press Pearl is sinking off the coast of Sri Lanka after two weeks of salvors’ attempts to put out the fire and prevent the vessel from breaking up and sinking. “Although the salvors have tried and exhausted all means, the operation had to be temporality aborted for safety reasons,” confirmed Sri Lanka […]