Alphaliner News

ABS hosted a containership summit in Germany to provide a holistic overview of the container shipping landscape, the current and developing regulatory framework, as well as strategic decisions in terms of emerging technologies and alternative fuels options that will shape the low-carbon future of container shipping and drive market growth. More ambitious regulations “We expect the IMO to release more ambitious regulations this year to move the industry forward with decarbonisation goals....

Yang Ming Marine Transport Corporation (Yang Ming) on May 12, 2023, held the 383rd Board meeting that passed the Q1 2023 financial report and approves the procurement of LNG dual-fuel container vessels. According to this report, the consolidated revenues in Q1 totaled NT$ 36.95 billion (US$ 1.22 billion). The net profit after tax stood at NT$ 3.4 billion (US$ 112 million), with an EPS of NT$ 0.97. Downward incline in demand in the global market The maritime transport market in Q1 suffered del...

Containerships, a subsidiary of the container shipping company - CMA CGM, is integrating the Hamburg into its liner service - BALT1. The intra-European liner service - ‘BALT-1’ started in Hamburg on Friday (22/09/23), with the departure of the vessel – ‘Containerships VIII’. The new service is designed to increase the frequency of sailings between the ports of Hamburg, Rotterdam and Teesport, and to provide a direct and fast connection between Germany and the Unite...

The Valencia Container Freight Index (VCFI) for June 2022 has broken its upward trend with a decrease of -2.19% compared to the previous month. Since July 2020, when it fell by 2.72%, the trend has been one of constant growth (except for February 2022 with -0.19%). The Index stands at 4,647.32 points, accumulating a growth of 364.73% since the beginning of the series in 2018. As for the different areas that make up the VCFI, the general trend has been downward, with the Central America and Car...