15.05.2020

Management-buy-back on the Danube

It is a re-transaction. South Africa-headquartered Imperial, which is stepping back from its European inland navigation activities, has sold its 90% holding in Multinaut Donaulogistik Gesellschaft to Peter Jedlicka, Multinaut’s...
15.05.2020

Will Maersk weather the storm?

A.P. Moeller-Maersk showed a better performance in this year's first quarter than expected. Nevertheless, the Danish container shipping company warned of a 20-25% decrease in volumes in the second quarter. Maersk posted a USD...
15.05.2020

Bremenports' new digital tool

In cooperation with the Bremen (Germany)-based IT services provider Abat and its subsidiary ID-Impuls, bremenports has overhauled the software it has been using for billing port charges. Managing director Robert Howe:...
14.05.2020

Guide of the ICS for security measures

The International Maritime Organization (IMO) has recently published a new guide to ensure a secure interface between personnel on board ships and on shore in times of Covid-19. The guide was compiled by the International Chamber...
14.05.2020

Japan's first LNG bunker vessel launched

The joint venture of K Line, Jera, Toyota Tsusho and NYK has launched Japan’s first LNG bunker vessel (LBV) at the Sakaide Works of Kawasaki Heavy Industries. The LBV is scheduled to be delivered at the end of September 2020 and...
14.05.2020

Tanker acquisition via remote

It is the first acquisition solely done by remote due to the recent boom in the tanker market. The "Cape Beira" was acquired by the Sea World Management of Montecarlo with online procedures determined by anti-pandemic...
13.05.2020

New Mediterranean loops operational

The AEM6 is an Ocean Alliance's weekly liner service connecting South Korean, Chinese and SE Asian ports with the Adriatic, including stopovers in the Red Sea and the Mediterranean, has started its amended loop. Evergreen's...
13.05.2020

Chinese RHI buys Cargotec out of JV

The ownership of the joint venture in China that Cargotec and Jiangsu Rainbow Heavy Industries (RHI) have been running since 2012 has been reshaped. Since then, Rainbow-Cargotec Industries (RCI) has manufactured port and offshore...
13.05.2020

German inland waterway to North Sea blocked

An inland barge collided with a bridge over the Dortmund-Ems canal in Emsland, Germany, causing the bridge to collapse. The Kunkenmühler bridge was built in 1954 and was 60 m long. Ship traffic was suspended on this stretch...
12.05.2020

Significant decreases in port throughput now over?

The international association of ports and harbours (IAPH) and the world port sustainability programme (WPSP) conduct weekly surveys on the impact of Covid-19 to monitor the current situation in world ports and trends compared to...
12.05.2020

Power-to-methanol in Antwerp

In Antwerp, seven partners have founded a consortium for the eco-friendly production of methanol, a main raw material for the industry in the port. The partners in this project are: energy supplier Engie, transmission system...
12.05.2020

Greek shipping company inks charter contract

Greece-based Diana Shipping, a shipping company specialising in dry bulk vessels, has entered into a time charter contract with Pacbulk Shipping, Singapore, for one of its Capesize dry bulk vessels, the MV "Seattle"....
11.05.2020

Moderate impact on Finnlines Group's Q1/2020

Emanuele Grimaldi, President and CEO of the Finnlines Group has released the group’s results for Q1/ 2020. He stated that the group’s revenue of EUR 130.5 million for January–March 2020 remained close to Q1/2019 with EUR 137.6...
11.05.2020

ONE to Oakland

The Japanese container condominium ONE has started operating its new weekly service called the Far East-Pacific 2. The first ship in the service, the ONE Aquila, just called the US ports Long Beach and Oakland International...
11.05.2020

Algeciras and Tanger Med keep the Straits open

In times of Covid-19, the ports of Algeciras and Tanger Med are both keeping the Strait maritime link active for trucks and semi-trailers with the same level of service as before the pandemic. Both container terminals APM...
08.05.2020

ONE invests in reefer fleet

The container shipping company Ocean Network Express (ONE) generated a profit of USD 105 million by the end of its financial year 2019, ending March 2020. Singapore-based ONE, which originated from the merger of the container...
08.05.2020

ICTSI: volumes up in Q1/2020

The outbreak of the pandemic also affected the results of Q1/2020 of terminal and port operator ICTSI. Enrique K. Razon Jr., ICTSI chairman and president, spoke of "devastating effects on our societies" and a necessary...
08.05.2020

A trio dancing Charleston

In order to provide container terminal and stevedoring services in the Port of Charleston in South Carolina, the three service providers Marine Terminals Corporation – East (Ports America), Ceres Marine Terminals (Ceres), and SSA...
07.05.2020

Double switch in the Port of New York

Maersk and its affiliate Hamburg Süd will definitely be changing their terminals in New York. The companies are moving from Global Container Terminal (GCT) on Staten Island, New York, to APM Terminals (APMT) in Port Elizabeth,...
07.05.2020

AEO for terminals in Valencia

The EU granted the APM Terminals in the Port Valencia the internationally recognised security status, authorised economic operator for customs simplification (AEOC), in April. The aim of the AEO programme is to enhance...
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