ONE orders two containerised units for wind-assist propulsion

Singapore-based Ocean Network Express (ONE) has decided to install two containerised wind assist units on one of their operated container feeder ships before the end of the year. The 1,036 TEU boxship Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the Netherlands-based company, Econowind. This is one of […]

Fuel prices are moving sideways

Marine Bunker Exchange (MABUX) indexes did not show a clear trend and moved sideways during the 15th week of the year. In particular, the 380 HSFO index increased to US$511/MT, the VLSFO index rose to US$654.96/MT, while the MGO index fell to US$891.04/MT. The Global Scrubber Spread (SS) – the difference between 380 HSFO and […]

Maersk opens new service facilities in Mexico and Brazil

Maersk launches a new Global Service Centres (GSC) for the Americas Region, based in Mexico City in Mexico, with a dedicated satellite centre in Santos, Brazil. The Maersk GSC network is spread across India (Bangalore, Chennai, Mumbai, and Pune), China (Chengdu, Chongqing) and the Philippines (Manila), with a small hub in Morocco (Tangier). Through the […]

Ports of Los Angeles and Gothenburg strengthen ties with new agreement

Representatives from the port of Gothenburg and the port of Los Angeles signed a Memorandum of Understanding (MOU) to enhance their relationship and cooperation on a number of important topics, such as sustainability, digital and physical infrastructure and potential trade opportunities. The agreement was signed at a ceremony at the Port of Los Angeles in […]

CMA CGM revises Panama Canal surcharge from Asia to American destinations

  French ocean carrier CMA CGM announced a revision of the Panama Canal Surcharge, which is implemented from Northeast Asia and China to East Coast Central America & Caribbean, Leeward, Windward, Guyana North Brazil, except Manaus. The surcharge will be US$300 per container and will be effective from 15 April for all the destinations, except Puerto […]