Grimaldi Group expands its fleet and routes 🌍🚢

📌 The Grimaldi Group has launched the latest vessel in its G5 class, the Great Cotonou, has been taken delivery of. From January 2025, this vessel will operate a new route between China and Nigeria, thereby strengthening trade links between the two countries.

Source: WorldCargo News

EUKOR Car Carriers secures a billion-euro contract with Hyundai and Kia 🚗💰

📌 EUKOR Car Carriers has signed a five-year contract worth US$4.2 billion with Hyundai Motor and Kia. This deal will significantly increase export volumes from South Korea and China and consolidate EUKOR’s position in the global automotive transport market.

Source: WorldCargo News

Wallenius Wilhelmsen opens a terminal in Brunswick 🇺🇸⚓

📌 Wallenius Wilhelmsen has officially opened its South Atlantic Hub in Brunswick. With a 20-year lease agreement with the Georgia Ports Authority, the company is strengthening its presence in the American market and expanding its operations in the South Atlantic.

Source: MarineLink

Höegh Autoliners and Fortescue are promoting green shipping 🌱🚢

📌 The Norwegian shipping company Höegh Autoliners has joined forces with the Australian Fortescue Group to drive forward the introduction of green ammonia as an environmentally friendly marine fuel. This initiative aims to accelerate the decarbonisation of the shipping industry.

Source: Höegh Autoliners

Competition regulators raise concerns over Qubes’ RoRo terminal deal in Melbourne ⚖️🚢

📌 The Australian Competition and Consumer Commission (ACCC) has raised concerns about Qube’s planned acquisition of the Melbourne International RoRo & Car Terminal. There are fears that this deal could harm competition by increasing costs and reducing the quality of service for competing vehicle stowage operators.

Source: Reuters