Following the announcement of the dissolution of the 2M alliance the division of services was rapid, but since the beginning of this year the collaboration has regained momentum with an increase in joint MSC and Maersk services.

International Container Terminal Services, Inc. (ICTSI) plans to build a new terminal in Bauan in Batangas.

Norwegian based Awilco LNG and China Development Bank Leasing (CDB Leasing) have signed a sale and leaseback agreement for two LNG carriers.

CMA CGM and China’s Contemporary Amperex Technology Co (CATL) plan to set up joint venture and promote green vessels and low-carbon solutions.

Port of Salalah in Oman has launched a multi-modal service connecting to the Saudi Port of Jeddah as an alternative to rerouting via the Cape of Good Hope.

Diversions of container ships via the Cape of Good Hope has resulted in a continuous reconfiguration of port calls and vessel sizes on services as carriers adjust Asia to Europe loops to cope with the latest demands.

IHI Corporation, Hokkaido Electric Power, Hokkaido Mitsui Chemicals, Marubeni Corporation, Mitsui & Co. and Tomakomai Futo have started a joint study to set up an ammonia supply chain.