Category: Shipping

Hamburg - Liner shipping company achieves higher profit

It was expected, and now Hapag-Lloyd is delivering its first results. According to preliminary figures from the end of January, the container shipping company's consolidated profit before interest and taxes increased from EUR 2.5 billion to EUR 2.6 billion in 2024 compared to 2023, and revenue also rose significantly. It climbed from 17.8 to 19.1 billion euros. A 5% increase in transport volumes and a stable average freight rate contributed significantly to this. At EUR 1,434/TEU in 2024, it was roughly on par with the previous year's level of EUR 1,442/TEU. The shipping company benefited from the higher freight volumes, which despite the detours around the Cape of Good...

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Panama - Trump's threats are starting to have an effect

A bilateral treaty between the USA and Panama on the operation of the canal stipulates neutral treatment of ships of all nationalities. However, President Donald Trump had threatened to "reclaim" the Panama Canal Zone, which has been controlled by the United States for more than 70 years. Trump had also accused Panama of Access marineforum digital+ Are you already a registered user? Log in here now - also MOV members: Username Password Remember meLost your password? Don't have access yet? Click here for the marineforum digital+ subscription: Access to all articles from the marineforum magazine Easy payment via PayPal, direct debit or...

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Arne and the anchor

New suspicion of sabotage of critical infrastructure in the Baltic Sea: It seems to be a recurring theme that merchant ships in the Baltic Sea suddenly complain about the loss of anchors and anchor chains. This allegedly happened on 20 February 2025 when the freighter MV "Arne", coming from St. Petersburg, passed the Swedish islands of Gotland and Öland westbound. What is striking is the fact that the 27-year-old merchant ship, which flies the flag of Antigua Barbuda, left St. Petersburg on 19 February 2025 at its usual speed of around 12.5 knots and gradually slowed down as it approached the island of Gotland. From there, AIS tracking apps...

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About the term Shadow Fleet - Dark Fleet - Grey Fleet

An introduction to the term and its meaning The term "shadow fleet" is frequently used and has recently hit the headlines in connection with the involvement of Western shipping companies. We want to clarify the terminology and the background. To this end, we are referring to an article by the Naval Shipping Administration, which deals with the special situation of the Russian shadow fleet in the Baltic Sea and was published on bundeswehr.org in the past few days. The article focuses on the Russian shadow fleet, which has come under increased scrutiny since the Russian invasion of Ukraine. However, other countries also maintain such constructs, as we will see later...

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Hamburg: "Schaarhörn" - an elegant lady

With its slightly curved steel hull and golden decorated bow, the "Schaarhörn" from 1908 is a particularly elegant-looking ship at 42 metres in length. The steamer evacuated refugees in 1945 and has been a museum ship since 1995. There is a reason for the ship's stylish appearance: the "Schaarhörn" was originally intended to take illustrious guests such as Kaiser Wilhelm II through Hamburg harbour. The then Office for Electricity and Harbour Construction commissioned the steamer in 1907, also to use the ship as a sounding steamer for measuring water depths on the Elbe. However, this did not materialise at first. After the outbreak of the First World War, the Imperial Navy used the...

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