• 2020 February 13 16:43

    MSC announces cooperation agreement with SM Line

    The cooperation agreement between 2M and Hyundai Merchant Marine expires at the end of the first quarter of 2020. MSC announced a new cooperation agreement with SM Line, beginning on 1 April 2020.

    The new agreement with SM Line is separate from the 2M Vessel Sharing Agreement between MSC and Maersk, and the services of 2M and SM Line will complement each other. It consists of a combination of slot exchanges and slot purchases among the three parties – MSC, Maersk and SM Line – and it is subject to regulatory approval.

    With the new agreement, MSC will be in a strong position to continue to offer six weekly services between Asia and the West Coasts of the US and Canada. These are detailed in the table below.

    Notable highlights:

     MSC will from April offer three Pacific North West region services – a major improvement on the single Pacific North West service in place today
     Transit times will become more competitive from key Asian ports of loading to the West Coast of North America. For example:
     The Orient service calls at major central and northern Chinese ports, then on to Busan, South Korea, and straight to the US
     The Maple service ensures we provide good service continuity from China and South Korea to Canada, and includes a call in Yokohama before direct transit to Prince Rupert
     The new MSC Rose service, spanning China, South Korea, Canada and the US states of Washington and Oregon, will benefit from exclusive access to space on SM Line’s Pacific North West Service.

    MSC’s existing services to the US East Coast and Gulf remain unchanged and, also, the agreement between 2M and ZIM in the Pacific North West region remains in full effect.

    Here are the full port rotations for MSC services on the updated MSC transpacific network, connecting China, South Korea, southeast Asia with the US and Canada:




2021 September 16

18:35 Boskalis completes EUR 100 million share buyback program
17:30 Construction of port Lavna kicked off in Murmansk Region
17:21 APM Terminals opens first “Fast Corridor” between Vado Ligure reefer terminal and inland customers in Italy
17:05 Wärtsilä cloud simulation now available on-demand via OTG’s Ocean Learning Platform
16:41 Evergreen’s Ever Ace with WinGD’s large bore X92 bore size engines crossed the Suez Canal
16:14 The new Port of Calais officially inaugurated after six years of construction
15:45 Southampton’s newest cruise terminal officially opened
15:35 Organizers of International Conference “Development of Icebreaking and Support Fleet“ offer the event programme
15:14 Dublin Port publishes Port Infrastructure Charges Pricing Strategy 2022 to 2026
14:53 Port of Oakland beef export volume up 25 percent in Jan - July 2021
14:37 UK ports welcome public support for clean maritime projects
14:26 IVECO and Nikola sign MoU with Hamburg Port Authority for zero-emission Class 8 battery-electric trucks
13:40 SMM Maritime Industry Report (MIR) shows industry on track for sustainability
13:16 MABUX: Bunker Weekly Outlook, Week 37, 2021
13:02 Port of Los Angeles cargo volume exceeds 954,000 TEU in August 2021
12:11 Sharrow Marine announces plans to roll out an exclusive OEM Sharrow Propeller™ Boatbuilder Program
11:47 TransContainer arranged transit transportation from Korea to Turkey via Far East and Novorossiysk ports
11:24 DOF Group announces new contracts in Brazil
11:02 Cargo-passenger ferry Pavel Leonov arrived at Korsakov, the ship’s homeport
10:38 Capacity of Vostochny Port’s multipurpose complex to be raised to 117,000 TEUs per year
10:21 Norwegian Ministry of Petroleum and Energy sees great interest in the Norwegian continental shelf
10:13 DFDS acquires ICT Logistics
09:49 Crude oil prices continue rising driven by data on reduction of reserves
09:30 Maersk acquires a Portuguese cloud-based logistics start-up HUUB
09:16 Baltic Dry Index as of September 15
09:15 MABUX: Global bunker prices may rise sharply on Sep 16
08:28 Castor Maritime announces new charter agreements

2021 September 15

18:43 Royal Phuket Marina’s inner-channel dredging project to deliver round-the-clock access for boats up to 35 metres
18:37 NJEDA and PSEG sign 78-year lease for the New Jersey Wind Port
18:17 PGS sets multiple acquisition records
17:55 Nefteflot lays down two ships of Project RDB 66.62
17:31 Subsea 7 awarded FEED contract in Norway
17:30 Gazpromneft Snabzheniye and Yamal-Nenets Autonomous Region to develop industrial and logistics park Obsky Prichal in Labytnangi
17:09 bp and NYK Line join forces to help decarbonise hard-to-abate sectors
16:57 SFL sells seven handysize bulk carriers
16:51 Yantar shipyard launches production of thermal and sound insulation
16:06 Sea Machines Robotics to embark on 1,000 nautical mile autonomous and remotely commanded journey around Denmark
14:34 Embracing digitalization will bring new opportunities and new discipline to cargo underwriting, says IUMI
14:02 Container ship FESCO Yanina joins the FESCO fleet
13:03 ICS issues new anti-COVID guidance
12:55 Evergreen Marine renews its 22-year LTSSP contract with KDI for another decade
12:49 SCF and Gazprom Neft join forces to facilitate decarbonisation and digitalisation in energy shipping
12:11 Options taken on additional Knutsen OAS LNG carriers results in three more Compact Reliq orders for Wärtsilä
11:37 PJSC TransContainer launches regular service from China to Rostov-on-Don via Nakhodka
11:15 Aker Solutions wins subsea FEED contract for NOA Fulla
10:58 Throughput of Kaliningrad port in 8M’2021 fell by 2% Y-o-Y
10:35 Throughput of port Vyborg in 8M’2021 rose by 46% Y-o-Y
10:13 Throughput of port Primorsk in 8M’2021 fell by 1% Y-o-Y
09:50 Throughput of port Vysotsk in 8M’2021 fell by 5% Y-o-Y
09:31 MABUX: Global bunker prices do not change and stay steady on Sep 15
09:29 Crude oil prices rise on reduction of reserves
09:14 Baltic Dry Index as of September 14
08:22 ABS launches industry-first simulation decarbonization service

2021 September 14

18:31 Loss prevention provides a ‘virtuous circle’ of returns, says IUMI
18:06 ABP and DB Cargo UK win the Rail Freight Group’s award for Customer Care
17:45 Port of Ust-Luga throughput in 8M’2021 rose by 3% Y-o-Y
17:26 AD Ports Group leased out over 2.2 million square metres of industrial land in H1 2021
17:06 DEME, Qair, and Aspiravi to bid into Scottish offshore wind leasing round
16:42 Average spot market price for Russian M100 product rose to RUB 24,458 pmt as of September 10
16:21 British Ports Association responds to Government Brexit borders announcement