15.12.2020

K Line welcomes newbuild

K Line has taken delivery of the “Cape Ace” 100,000-dwt bulker which was completed by Namura Shipbuilding, Imari Shipyard & Works. The vessel, compliant with the common structural rules for bulk carrier (CSR-BC), has wide...
15.12.2020

Brexit on the other side of the channel

Normandy’s channel ports - Le Havre for Haropa and Caen-Ouistreham, Cherbourg and Dieppe for Ports of Normandy - have joined forces to help supply chain actors to be as ready as they can be for Brexit when it comes into force on...
15.12.2020

Turn Services acquires Bayou

Turn Services, which offers marine related services for waterborne transportation of cargoes for the dry cargo and petrochemical segments, is taking over Bayou Fleet from the Durant family. Located on the Lower Mississippi...
14.12.2020

Levant next goal for CMA CGM

Marseille-based CMA CGM is launching a standalone NC Levant weekly service from the port of Southampton in the UK, connecting northern Europe with the Eastern Mediterranean and Levant region from 8 January 2021. The NC Levant...
14.12.2020

Nova Marine acquires another vessel

Lugano (Switzerland)-based shipping company Nova Marine Carriers has acquired another handy size bulker. The company finalised the purchase of a 37.000 dwt handy-size bulk carrier that has been renamed “Sider Supreme”....
14.12.2020

Great expectations in Gothenburg

The Swedish Port of Gothenburg has embarked on the building of a new terminal, the largest port expansion since the 1970s. Dredged material is currently being reused as filling material in the construction of the port´s next...
11.12.2020

Just a short-term trend?

Rising freight rates, little free charter capacity, low bunker prices – developments are positive for major container shipping lines, despite the pandemic. It remains to be seen whether the trend will continue. An analysis was...
11.12.2020

Baltic Rail Gate sets the mark, again

Baltic Rail Gate (BRG) was able to handle the 100,000th load unit at its terminal recently. Like many other logistics companies, the subsidiary of the Lübecker Hafen-Gesellschaft (LHG) and the Frankfurt-based Kombiverkehr looks...
11.12.2020

Baltic Exchange assists investors

The Baltic Exchange, one of London's oldest institutions and an affiliate of Singapore Exchange (SGXL.SI), has launched a new service for shipping investors that provides a snapshot five-year view of the financial prospects for...
11.12.2020

Joint action for safety at sea

Prevention at Sea (PaS) and KPMG in Cyprus have signed a memorandum of understanding (MoU) with the aim to jointly design, develop and promote services and products that reduce safety risks to the maritime industry and ensure a...
10.12.2020

BCT to push combined transport

In Poland, the Baltic Container Terminal (BCT) in Gdynia has joined the EU-backed ‘Comodalce’ project, which fosters further railway solutions. BCT has taken measures that have lifted its intermodal rail traffic to around 30% of...
10.12.2020

In carriers’ seventh heaven

In line with many other shipping lines, Hapag-Lloyd has raised its forecast for financial 2020 on the basis of a better-than-expected business performance in the ongoing Q4/2020. The group expects an ebitda of EUR 2.6–2.7 billion...
10.12.2020

ShipMoney hiring in Greece and the Philippines

The firm Maritime Payment Solutions, a provider of payment solutions for maritime companies which does business as ShipMoney, has recruited two managers. Vanessa Torres has become a strategic client and business development...
09.12.2020

Capacity crunch in Asia

Shipping containers have become a scarce commodity across the whole Asian continent, with 40' high-cube containers in especially short supply. Movers and shakers are expected to see these equipment shortages carry on through the...
09.12.2020

AI against piracy

Artificial intelligence (AI) has become a part of the guidelines and recommendations to be regularly published by the International Maritime Organization (IMO), naval forces and various maritime organisations to help shipowners...
09.12.2020

Refitting ships on Suez Canal

The Suez Canal Authority (SCA) has replaced the rubber cutterhead bearings on the 102 m (335 ft) dredger "Mahmoud Younis" with a water-lubricated composite. The retrofit, which took place at the Port Said Shipyard’s...
08.12.2020

Sea Cargo launches new service

A new freight service will commence at the turn of the year, linking Gothenburg to the industrialised Western Region in Norway via the ports in Stavanger, Bergen, Sunndal and Ålesund. The rotation will also include the Polish...
08.12.2020

LNG carriers supported by Wärtsilä

Teekay Gas, a part of the global Teekay Group, has signed LNG support agreements with the technology group Wärtsilä for eight LNG carrier vessels it owns. The two agreements, each for four vessels, were signed in August and...
08.12.2020

K5 Freeport active in Equatorial Africa

K5 Freeport & Oil Centre in Malabo, the capital of Equatorial Africa, was selected by Noble Energy as platform support specialist and logistic service provider for the Alen gas monetisation project. A capacity to store 5,864...
07.12.2020

Numbers on the rise

Measures taken to counter the pandemic have got a strong hold on the Emilia-Romagna region too – home to the Bologna Interporto. The logistics hub is doing a good job of catching up again after the first half, as Sergio Crespi...
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