08.03.2021

Jumbo and SAL bundling forces

Heavylift and project cargo companies Jumbo and SAL are forming a joint venture. SAL is headquartered in Germany and Jumbo in the Netherlands. They will be joining forces in combining a large part of their fleets, engineering and...
08.03.2021

Russian Global Ports prevails

Russian terminal operator Global Ports has reported its results for 2020. Consolidated marine container throughput went up by 6.6% year-on-year to more than 1.5 million teu against a 0.8% year-on-year decline in the Russian...
05.03.2021

ICTSI on par with 2019

The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda...
05.03.2021

An index for LNG units

An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new...
05.03.2021

Sweden turning from land to sea

The Swedish government wants to drive the ecological transformation in the country further. Shipping companies are eligible to apply for an environmental compensation bonus to transition from overland to maritime transport. It...
05.03.2021

Hamburg Süd sells entity

Hamburg Süd is continuing to focus its business on its container transport and logistics activities, in line with the Maersk’s policy. Thus the London-based ATPI Group, which offers corporate travel management services, has now...
04.03.2021

Seasonal upgrade for PAD

CMA CGM and Marfret will enhance their joint Europe-Australasia Panama Direct (PAD) as from the end of March. The frequency will be increased from fortnightly to weekly, with CMA CGM providing eleven vessels and Marfret one unit....
04.03.2021

UK selects first eight freeports

In his annual budget announcement, British chancellor of the exchequer Rishi Sunak said that eight freeports will be established in England, with Teesside and the Solent amongst the winners. The first wave of freeports includes...
04.03.2021

More than 100,000 teu at Liège

The Autonomous Port of Liège, Belgium, witnessed a new mark in 2020 for the volumes of river container traffic. With 115,921 teu and an increase of 20% (+19,701 teu), the container terminals of the Port of Liège thus recorded...
03.03.2021

From transatlantic to transpacific?

Transpacific is one thing, transatlantic another. Sea Intelligence, the maritime intelligence provider from Copenhagen, recently analysed the volume of blank sailings on the transatlantic trades. CEO Alan Murphy: "In...
03.03.2021

HMM's fleet growing faster

The South Korean carrier HMM, formerly Hyundai Merchant Marine, will deploy its latest newbuilds earlier than expected. The eight vessels with a capacity of approx. 15,300 teu were ordered by HMM in 2018, delivery was scheduled...
03.03.2021

MGI and TGI join forces

Software provider MGI, a port community systems (PCS) specialist, and TGI Maritime Software, which focuses on the francophone terminal operating system (TOS) market, are working together to ensure AP+ migration to Ci5 for the...
02.03.2021

Barcelona in the black

Despite the impact of the pandemic, the Port of Barcelona closed its FY 2020 in the black with a result of EUR 17 million. The port generated a turnover of EUR 139 million over the year, down 20% from 2019’s level of EUR 172...
02.03.2021

Turn in trade with China?

Statistics for 2020 show a clear shift in the trade flows between China, the USA and the EU. According to European Union statistics, EU states saw an increase in imports (+5.6%) and exports +2.2%) to and from China last year,...
02.03.2021

A transatlantic coalition is forged

Two big industrial ports have a common cause. The US-Port of Corpus Christi, Texas, and the European Port of Rotterdam, Netherlands, have signed a memorandum of understanding for further collaboration. The ports outlined a...
02.03.2021

Vessel traffic service to take off in Antwerp

The Port of Antwerp has launched a new shipping guidance system called Vessel Traffic Services (VTS) to improve safety and environmental protection on the increasingly busy Scheldt River and at the Antwerp docks. VTS provides...
01.03.2021

World trade growing again

In January 2020, the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL)...
01.03.2021

Bremen's ports under pressure

Bremen and Bremerhaven handled 66.5 million t of goods on the seaward side in 2020, 4.2% down from 2019. With 10.4 million t (-14.3%), Bremen-Stadt lost significantly more than Bremerhaven with 56.1 million t (-2.1%). With a...
01.03.2021

Imperial turns the page

Imperial has published its results for the half-year ending 31 December 2020. While revenues increased by 15% to ZAR 26.4 billion (USD 1.76 billion) compared to same period a year before, ebitda went down by 2% to ZAR 2.5 billion...
26.02.2021

Turnaround in sight?

The Shanghai Export Containerized Freight Index (SCFI) and its fellow indices have faced competition from the Valencia Containerised Freight Index (VCFI) since 2018. The port of Valencia did well with exports to the Middle East,...
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