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06.04.2020

25 years of service for Bremen

The Bremen (Germany)-based port services provider Weserport celebrated its first quarter of a century at the beginning of April this year. Weseport was founded in 1995 as a joint venture of the Rhenus Group, Stute Verkehr and the...

Knotenpunkt Jeddah

Die saudi-arabischen Häfen suchen eine Schlüsselrolle im Verkehr zwischen Europa, dem Mittleren Osten und Afrika. Nachdem DP World eine 30-Jahr-Konzession in Jeddah zur Jahreswende abgeschlossen hat, verdichtet CMA CGM ihr...

03.04.2020

The time of the tankers

Vitol Marine Fuels, a subsidiary of the Vitol Group headquartered in Rotterdam and Geneva, has acquired the Singapore-based bunkering specialist Sinanju Tankers Holdings (“Sinanju”). The Singapore bunkering licence holding...

03.04.2020

Cosco Shipping: 2019 results meet expectations

Cosco Shipping looks back on a satisfactory performance in 2019. During the reporting year, the group handled 25.74 million teu in container shipping, +18.1% compared to 2018. Of these volumes, Cosco Shipping Lines carried 18.78...

03.04.2020

Indian Register convoys vessel conversion

International ship classification society Indian Register of Shipping (IRClass), has classed its first vessel under the Lebanese flag. The vessel - which is named "Jouri" - was converted from a vehicle carrier to a...

02.04.2020

Red Sea Gateway opens a new chapter

The Red Sea Gate Terminal (RSGT), a terminal operator representing a partnership between the Saudi Industrial Services group Sisco and the Malaysian Mining Company (MMC), has officially taken over operations in the northern...

02.04.2020

K Line to adjust previous forecasts

The Japanese liner K Line is planning to record the extraordinary loss on valuation of investment securities in the consolidated financial results for the fiscal year ending 31 March 2020. These are investment securities...

02.04.2020

Night-time closure for traffic on the Rhine

Inland navigation on the Upper Rhine also feels the effect of the unprecedented Covid-19 pandemic from which France and especially the region Alsace are currently suffering. Under these circumstances, the lock operators on...

01.04.2020

A bigger slice of Hapag-Lloyd

Special circumstances demand special measures. In this case, Kuehne Holding, in contrast to earlier statements, has further increased its share in the Hamburg-based carrier Hapag-Lloyd through its subsidiary Kuehne Maritime....

01.04.2020

Fostering trimodal solutions at duisport

Duisport has developed a trimodal container terminal as part of the new logistics concept for the logport VI location, including the basic conditions for legal approval. The area measures roughly 430,000 sqm and has a 500 m quay...

01.04.2020

Ro-ro terminal at Stockholm in the making

The last two of nine ramps for rolling goods have been installed at the Stockholm Norvik Port. Five were delivered to the recently newly rebuilt Värtahamnen Port and two to the reconstructed Port of Kapellskär. The ro-ro...

31.03.2020

Mixed results for Cosco Shipping Ports

There was a year before corona. In 2019, the Chinese port and terminal operator Cosco Shipping Ports witnessed rising revenues, which surged by 2.7% to USD 1.02 billion, but declining profits, which went down by 7.1% to USD 272.7...

31.03.2020

Obligatory sale of Long Beach terminal pays off

The decision of the committee on foreign investment in the United States to make Orient Overseas International (OOIL) sell its stake in Long Beach happened at the right time - for the seller. Since China’s Cosco Shipping acquired...

31.03.2020

EU redefines conditions for Fehmarn project

For Scandlines and Stena Line, the decision taken by the European Commission regarding the Fehmarnbelt fixed link at the end of March further speciifies the existing conditions for the project. After another review, the...

30.03.2020

ONE extends network to and in North Africa

The European branch of the Ocean Network Express, the Japanese container shipping conglomerate headquartered in Singapore, is extending its footprint in North Africa. The carrier has appointed two new third-party agents - the...

30.03.2020

Cranes for Berbera in Somaliland

Eight rubber tyre gantry cranes (RTGs) are part of the contract between port and terminal operator DP World and Liebherr Container Cranes. They will be delivered to DP World’s terminal in Berbera, Somaliland, and enter into...

30.03.2020

Little surprise: remote maritime surveys booming

The impact of the global pandemic has reinforced the value of remote survey services in the shipping industry. With some 15,000 surveys and inspections undertaken since the launch in October 2018, DNV GL sees a milestone in the...

27.03.2020

Bimco's maritime outlook for 2020

The Baltic and International Maritime Council (Bimco), the major international maritime association, with 2,100 members in more than 120 countries, has revised its forecasts for maritime transport for this year, due to the...

27.03.2020

Supplying LNG all around the Baltic Sea

In a joint letter of intent (LoI), Nauticor und Novatek Green Energy are planning to cooperate in the development of a LNG supply infrastructure in the Baltic Sea region. The aim of the partnership is to further expand the market...

27.03.2020

CEO addresses Valencia's port community

Extraordinary times also call for extraordinary words. One example is Aurelio Martínez Estévez, CEO of Valencia port, who addressed all collaborators in a letter under the headline: "Thank you and congratulations for making...

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