23.08.2023

Wilson Sons releases H1/2023 results

Brazil's Wilson Sons, a port and maritime logistics provider listed on B3's Novo Mercado, reported a 23% yoy rise in H1/2023 net income to BRL 197 million (USD 39.6 million). Q2/2023 net income surged by 583% to BRL 111 million...
23.08.2023

Rhenus Cuxport expands for auto market

Rhenus Cuxport, a port terminal operator, is extending its presence in the automotive logistics market by expanding into a 110, 000 sqm area in the hinterland of the Cuxhaven deep-sea port. The move anticipates Germany's...
23.08.2023

CNC launches Bay Bengal Express

CNC, CMA CGM's sole Intra-Asia short sea operator since 2019, is introducing the Bay Bengal Express 6 (BBX6) service, connecting ports in Bangladesh, Malaysia, Vietnam, and China. Described as a direct link from Ho Chi Minh...

Doppel-Dürre

Niedrigwasser bedroht US-Binnenschifffahrt. Wie 2022 führt der Mississippi 2023 zu wenig Wasser, so dass der Export von Gütern per Wasserweg gefährdet ist.

22.08.2023

Stake in HMM up for grabs

The bidding process for South Korea's key global container carrier, HMM, is drawing to a close. The majority stake is held by state policy bank KDB and Korea Ocean Business Corporation after the bankruptcy of Hanjin Shipping in...
22.08.2023

Anemoi rotor sails cut fuel and emissions

The installation of rotor sails on the 82,000 dwt Kamsarmax bulk carrier, TR Lady, was completed in June 2023, marking a collaboration between Tufton Investment Management, Anemoi Marine Technologies and Cargill. Equipped...
22.08.2023

Kaohsiung port's Terminal 7 officially opened

Already in operation since May 2023, the newly built Terminal 7 at Kaohsiung Port, Taiwan, played the main role at the official opening ceremony arranged by Evergreen Marine Corp. (EMC), one week ago. The event was presided over...
21.08.2023

Q Terminals Group grows footprint in Europe

Q Terminals Group, a joint venture of Qatar Ports Management Company and Qatar Navigation, has acquired a majority stake in Kramer Holding, a logistics and container services provider at the Port of Rotterdam. The Dutch company...
21.08.2023

Luka Koper expands storage capacity

Luka Koper has bolstered its reefer capabilities by adding 315 new reefer plugs, which now total over 1,000 units. This is to prevent interruptions in cold chains during peak seasons. The upgraded section accommodates five reefer...
21.08.2023

IRS to classify hybrid electric catamarans

Indian Register of Shipping (IRS) has been awarded the task of providing classification services for six hybrid electric catamarans commissioned by the Inland Waterways Authority of India (Iwai). These vessels, built at...
18.08.2023

DP World: robust growth in H1/2023

DP World’s financial results for the first half of 2023 show robust growth, with a 13.9% increase in revenue to USD 9.0 billion and a 7.0% rise in adjusted ebitda to USD 2.6 billion, reflecting a 28.9% adjusted ebitda margin....
18.08.2023

Wallenius Wilhelmsen steers a steady course

Wallenius Wilhelmsen reported steady Q2 results with USD 477 million in ebitda and USD 396 million in operational cash flow. CEO Lasse Kristoffersen highlighted challenges such as port delays due to biosecurity clearance...
18.08.2023

More eco-friendly vessels for X-Press Feeders

Shortly after ordering six new 1,250 teu container vessels with dual-fuel engines, the Singapore-headquartered shipping company X-Press Feeders stated delivery of third and fourth unit of its most recent series of 7,000 teu...
17.08.2023

Interesting laden import growth in Q2/2023

The Copenhagen-based maritime intelligence provider Sea-Intelligence reports that, at 2.7%, the annualised NAEC (North American East Coast) laden import growth regained momentum in Q2/2023 compared to pre-pandemic 2019 figures....
17.08.2023

ZIM navigates challenges in Q2/2023

ZIM Integrated Shipping Services reports Q2/2023 financial results, revealing USD 1.3 billion in revenues, a net loss of USD 213 million, and adjusted ebitda of USD 275 million. Amid challenging container shipping market...
17.08.2023

MCT resumes MHT shipping service

Mindanao Container Terminal (MCT), part of International Container Terminal Services (ICTSI), has resumed the Mindanao-Hong Kong-Taiwan (MHT) service by Wan Hai Lines.   The weekly service, connecting Subic, Cebu, and...
16.08.2023

AD Ports Group: growth in Q2/2023

AD Ports Group reported a significant 66% YoY revenue increase in Q2/2023, reaching AED 2.1 billion (USD 571 million). The result was driven by a good performance in maritime, ports, and digital clusters, alongside acquisitions....
16.08.2023

HGK Shipping and Salzgitter Group join forces

HGK Shipping and Salzgitter Group have signed a memorandum of understanding (MOU) to enhance sustainable logistics on waterways. The partnership focuses on efficient transport, minimising emissions, and optimising cargo...
16.08.2023

NYK: more wind energy to reduce emissions

A new approach for NYK Bulkship (Atlantic): the subsidiary of the NYK Group is planning to implement wind-assisted ship-propulsion on a bulk carrier under a long-term charter contract with Cargill International. With this...
15.08.2023

Pursuing growth in the Dominican Republic

P&O Maritime Logistics has won a contract with DP World in the Dominican Republic to enhance vessel capacity and frequency in the port of Caucedo. The agreement, commencing on 7 December 2023, involves deploying three...
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