Liner Shipping


Sealand GRI for West Coast, Americas / Latin America

AJOT | May 28, 2021 | Maritime | Liner Shipping

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Finnlines’ Finnish flagged fleet is vital for Finland’s security of supply

AJOT | May 28, 2021 | Maritime | Liner Shipping

Finnlines is one of the biggest shipping companies in Finland that safeguards Finland’s security of supply. The fleet, which sails under Finnish flag, plays a vital role in ensuring the smooth supply of goods to Finland and from Finland to Sweden and from Finland to Continental Europe and Great Britain. A picture containing water, sky, boat, outdoor Description automatically generated Finnlines offers more than 170 departures each week in order to ensure regular sea connections to different parts of Europe. Finnlines’ biggest freight vessels have the capacity to carry 300 trailers and even the biggest passenger-freight ro-pax vessels can carry 250 trailers per voyage. Picture: Finnlines Shipping is a lifeline for Finnish foreign trade. Approximately 90% of exports and 80% of imports are being transported via seaways. High frequency liner traffic is the foundation of Finnlines’ operations. Finnlines specialises in freight transport and the main task is to ensure the smooth flow of goods. Finnlines’ extensive line network provides to Finland's export industry a regular and reliable way into the European market, while ensuring the transport of goods from abroad to Finland that are important for security of supply. Finnlines is a Finnish company and headquartered in Helsinki, Finland. The Company owns 21 vessels, of which 17 fly the Finnish flag. 70% of the Group’s approximately 1,500 employees are based in Finland. In 2020, Finnlines’ turnover was EUR 484.0 million, 40% of which was created in Finland. Despite these exceptional times, the whole shipping sector has safeguarded reliable transport links globally between markets and continued to keep essential supply lines open. Likewise, Finnlines has maintained critical sea bridges between Finland and Sweden and between Finland and Continental Europe, Russia and the Great Britain as well. Finnlines has a vital role in supporting national exporters and importers. Finnlines has not laid down any services, but operated normally throughout the year and thus ensured the transports of medicines, goods, machinery, components and other essential goods important to Finland’s security of supply. Finnlines is a part of the Grimaldi Group, which is one of the world’s largest operators of ro-ro vessels and the largest operator in Europe combining passengers and freight services. As a part of the Group, Finnlines is able to offer liner services to Finnish foreign trade throughout the Grimaldi network. Grimaldi Group is a major operator in the whole EU and maintains the security of supplies across the Europe. “Carriers, such as Finnlines, provide a lifeline for both the private and the public sector in Finland. The country’s island-like location makes it dependent on frequent and regular liner traffic services,” says Tom Pippingsköld, CFO, Vice President and Deputy CEO of Finnlines. Finnlines alone transports more than a third of the one million rubber-tyred units, which move annually across Finland’s three main sea bridges, which are Finland–Estonia, Finland–Sweden and Finland–Germany. In 2020, Finnlines transported over 720,000 cargo units and carried as much as 1,107,000 tons of freight not possible to measure in units. It is important for societies that also during a pandemic sea transports run as smoothly as they do during normal times. Public aid to maritime actors is needed in a challenging situation when authorities have imposed restrictions which complicate normal operations and market-based operations are at risk. Finnish Government has acknowledged this and granted aids to shipping operators. Finnlines has been serving loyally the nation without subsidies, without service cuts and with important sustainable investments in green ships ongoing, while operating and competing against subsidised companies. “Finnlines, as a Finnish company and with its Finnish flagged fleet, has established itself in terms of maritime transport important for the security of supply in Finland. Finnlines is able to provide environmentally friendly services with market terms and without public support. It would be important for the Finnish Government to recognise Finnlines' role in maintaining security of supply when granting aids to shipping companies,” says Pippingsköld. “It is of the utmost importance that the passenger and work related travel to and from Finland can be normalised in a safe manner as soon as possible. If the Finnish restrictions are more stringent than elsewhere in the EU, the recovery of business operations which is more vital than giving state aid, would be unnecessarily prolonged. However, if the state aid continues, alternative ways of support from the State to all shipping companies should be considered, which are more equal, less distortive, cleaner, more viable and more sustainable than the present one,” says Pippingsköld.

MSC PSS increase from Relay GTBE/Turkey to USA

AJOT | May 28, 2021 | Maritime | Liner Shipping

MSC BRC from Australia, New Zealand, Noumea & Bell Bay Ports to USA

AJOT | May 28, 2021 | Maritime | Liner Shipping

Shipping-container rates top $10,000 from Asia to Europe

Bloomberg | May 27, 2021 | Logistics | Maritime | Liner Shipping

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Savannah serves largest vessel ever, the 16,000+ TEU Marco Polo

AJOT | May 26, 2021 | Maritime | Liner Shipping | Ports & Terminals

Expanding berth capacity to handle additional big ships.

CMA CGM PSS - Cargo from Ecuador to the US

AJOT | May 26, 2021 | Maritime | Liner Shipping

CMA CGM reefer PCS to Matadi, Port Gentil & Cabinda

AJOT | May 25, 2021 | Maritime | Liner Shipping

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[FBX Weekly] Shippers still feeling Suez effects as rates keep climbing

AJOT | May 25, 2021 | Maritime | Liner Shipping

Though container rates have climbed on all major lanes in the last few weeks, those with exposure to the Suez are still feeling the sting more:

Container ship ablaze off Colombo threatens chemical, oil spill
Maritime
Bloomberg | Top Story | May 25, 2021

Container ship ablaze off Colombo threatens chemical, oil spill

Sri Lankan authorities are trying to douse a massive fire aboard a container ship near Colombo’s coast to avoid a chemical as well as an oil spill.
Another step forward for the Port of Virginia as it welcomes record-breaking box ship to Virginia International Gateway
Maritime
AJOT | Top Story | May 24, 2021

Another step forward for the Port of Virginia as it welcomes record-breaking box ship to Virginia International Gateway

The biggest container ship to ever come to the U.S. East Coast, the CMA CGM Marco Polo, called The Port of Virginia® this week and in doing so set a new record for the biggest container ship to date to call Virginia.
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Biggest vessel to call USEC comes to Virginia

AJOT | May 24, 2021 | Maritime | Liner Shipping | Ports & Terminals

Today, the CMA CGM MARCO POLO, a container vessel with the capacity to carry more than 16,000 TEUs (twenty-foot equivalent units), is on berth and working at The Port of Virginia. This is the largest container ship to ever call the US East Coast and while here it went to Virginia International Gateway (VIG).

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CMA CGM Marco Polo arrives at the Port of New York and New Jersey setting a new big-ship record

AJOT | May 21, 2021 | Maritime | Liner Shipping | Ports & Terminals

The Port of New York and New Jersey welcomed the CMA CGM Marco Polo to APM Terminals at the Elizabeth Port Authority Marine Terminal on Thursday, May 20. The arrival set a new record for the largest ship to call on the Port of New York and New Jersey, unseating the CMA CGM Brazil, which arrived on September 12, 2020.

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