Ports of Asia (Far East region)

Rotterdam Seafreight

Despite the critical situation in the ocean freight market, due to the Red Sea crisis, there is a surprisingly strong demand for space on Westbound ships from Asia to Europe. Due to a lower vessel capacity the trade Carriers are facing challenges for space requests. This crises also causes a shortage of available equipment on the […]

Major shipping companies avoid passage Red Sea

Container lines are pausing Suez Canal transits and instead routing services around the Cape of Good Hope following an increasing number of attacks on commercial shipping, including missiles hitting ships in two separate incidents last Friday.   Consequences Due to the threat of attacks, most shipping companies have decided to change their routes. This causes a […]

New addition to the sanction rules for Russia

This amendment to the Russia Regulations (EU 2014/833) and along with several other measures, introduced a prohibition on the import of certain Russian iron and steel products processed in a third country or multiple third countries. This built on measures banning the import of Russian origin iron and steel introduced in 2022. The ban on […]

MOL Group invests in Dutch startup TouchWind

TouchWind develops next-generation floating offshore wind turbines Consistent with their vision of investing in innovative projects which contribute to sustainability, our parentcompany Mitsui O.S.K. Lines invests in a Dutch floating wind technology start-up, TouchWind Innovative tilting angled one-piece rotor The tilting angled one-piece rotor wind turbine which is being developed by TouchWind is expected to […]