16.01.2024

PSA thrives in 2023

PSA International handled 94.8 million teu of containers globally in 2023. Singapore's terminal saw a 4.8% growth, procressing 38.8 million teu, while terminals outside Singapore handled 56 million teu, growing by 3.9%. This...
16.01.2024

LHG braves economic headwinds

Lübecker Hafen-Gesellschaft (LHG) faced a challenging economic environment in 2023, with a 4.8% decrease in total cargo handled compared with 2022. The decline from 22.4 million to 21.3 million t was mainly due to reduced...
15.01.2024

Arcese leases warehouse in Spain

Arcese, a global logistics operator, and Cilsa, which manages ZAL Port, have signed a new lease for 10,264 sqm of warehouse and 957 sqm of office space at ZAL Port in Barcelona, thus reinforcing their partnership. This...
15.01.2024

OOCL feels the pressure

Hong Kong-based Orient Overseas Container Line (OOCL), an affiliate of Cosco since 2018, recorded more volumes, but significantly less revenues in Q4/2023. The revenues almost halved (-49%), falling from USD 3.18 billion in...
15.01.2024

Four heavy-lifts for Intermarine

Intermarine, a multi-purpose carrier based in the Americas, is planning to add more vessels to its fleet in collaboration with the Jumbo-SAL-Alliance. The significant expansion includes four heavy-lift vessels, acquired on a...
12.01.2024

A jolly crew

Ignazio Messina & C., a Genoese shipping company, has taken over the 'Jolly Giada', a full-container ship, at the Port of Algeciras, completing its first phase of planned acquisitions in the container vessel market. The...
12.01.2024

ICTSI's green pledge for 2050

International Container Terminal Services, Inc. (ICTSI) has committed to net zero greenhouse gas emissions from its direct operations (scope 1) and purchased electricity (scope 2) by 2050. The company aims to reduce these...
12.01.2024

No more pin codes in Antwerp

Starting on 15 January 2024, the port of Antwerp-Bruges will implement the certified pick-up system for the release of import containers, replacing the current pin code system. This mandatory digital platform ensures a safer,...
11.01.2024

Market share won, boxes lost

Antwerp’s throughput suffered in 2023, yet the merger with Bruges still paid off. Altogether, 271 million t of cargo were handled in the major Belgian seaport in 2023, down 5.5% from the previous year. The port attributed the...
11.01.2024

Silver bullet for Montevideo terminal

The Terminal Cuenca del Plata (TCP) in Montevideo (Uruguay) in Latin America is investing in new equipment. TCP, a company owned by Katoen Natie (80%) and National Port Authority ANP (20%), has earmarked more than USD 500 million...
11.01.2024

Record fleet expansion ahead

According to Bimco, a record 350 new container ships were delivered in 2023, totalling 2.2 million teu and surpassing the 2015 record. Container fleet capacity increased by 8%, the highest growth rate since 2011, with ships over...
11.01.2024

Japanese wind power union

Mitsui O.S.K. Lines (MOL) has formed a capital alliance with Hokutaku, Japan's largest wind turbine maintenance company. With this alliance, effective from 9 January 2024, MOL acquires a majority stake in Hokutaku. Independent of...
10.01.2024

Top-ranking carriers switch places in 2024

In January 2022, MSC took the crown from Maersk as the world's largest shipping line with a fleet of 645 units and a combined capacity of almost 4.3 million teu. While Maersk’s fleet shrank in 2023 by 112,500 teu or 2.7%, MSC...
10.01.2024

New links London to Rotterdam

P&O Ferries is launching a new roro freight route between London (Tilbury 2) and Rotterdam (Europoort), starting March 2024. This addition bolsters P&O Ferries' network, creating five hubs - Hull, Teesport, Tilbury,...
10.01.2024

Hydrogen-powered crew transfer vessel

FRS Windcat Offshore Logistics has introduced the 'Hydrocat 55', Germany’s first hydrogen-powered dual-fuel crew transfer vessel (CTV), for 50 Hertz operations in the Baltic Sea. Developed in partnership with Cmb.tech, the...
09.01.2024

A terminal for EUR 10 million

AD Ports Group has announced that Noatum Terminals, part of Noatum Group, has acquired 100% of APM Terminals Castellón in Spain for EUR 10 million. The deal includes a long-term agreement with the stevedoring union, ensuring...
09.01.2024

Zim connects Asia with East Med

Zim Integrated Shipping Services has expanded its ZMP service, which connects Asia with the East Mediterranean, to include a new stop at Cai Mep Port in Vietnam. This addition positions Zim as the sole major carrier...
09.01.2024

Trois-Rivières' first 2024 vessel

The 'Lowlands Hope' sailing under the Singapore flag was the first vessel of 2024 to dock at the Port of Trois-Rivières in Quebec on 2 January, after a 17-day Atlantic crossing. Departing from Sao Luis, Brazil, with 21 Indian...
08.01.2024

Grimaldi Group expands in Greece

A group of men in front of microphones

The Grimaldi Group, an Italian private shipping company, has acquired a 67% majority stake in the Heraklion Port Authority (HPA) for the price of EUR 80 million. This move comes after its recent acquisition of the Igoumenitsa...
08.01.2024

Tangier port: bigger and greener

A bird’s eye view of the APM container terminal with many containers

APM Terminals Med Port Tangier in Morocco has recently completed phase 2 of its expansion, increasing its capacity by over one million teu. The upgrade adds seven new container stacks, a 400 m berth and features 14 automated...
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