08.07.2022

Suez Canal on an historic high

Despite all talks of blockage and crises, the Suez Canal in Egypt achieved a turnover of USD 7 billion in 2021/2022, the highest mark for a fiscal year. This represents an increase of 20.7% compared to the USD 5.8 billion in...
08.07.2022

AD Ports investing in land and sea

The Abu Dhabi (AD) Ports Group is taking over 70% of the shares in International Associated Cargo Carrier, the holding which owns the two Egypt-based maritime companies Transmar International Shipping Company (Transmar) and...
08.07.2022

Where the grain still flows

Worldwide, grain is currently a precious resource. With 7.7 million t of grain exported from July 2021 till June 2022, Haropa Port Rouen achieved its third best performance in the last ten years. The port of Rouen and all its...
07.07.2022

Panama Ports Company can continue

Now that the Panama Maritime Authority (AMP) has decided to renew the 25-year lease, PPC (Panama Ports Company), an affiliate of Hutchison's Panama Ports, can continue to develop the ports of Balboa on the Pacific coast and...
07.07.2022

European funding for Bilbao's power grid

The European Commission has made its choice: Brussels has now selected 135 European initiatives to be given an EU grant under the Connecting Europe Facility (CEF). One of them is the project for the electrification of the docks...
07.07.2022

LHG: safe operations in the port

Lübeck’s port operator Lübecker Hafen-Gesellschaft (LHG) has achieved a success in its occupational health and safety management. It may continue to bear the "Sicher mit System" (“security with a system”, DIN ISO...
06.07.2022

Cyber threat under control?

The International Association of Classification Societies (IACS) has published two new unified requirements (UR) on cyber resilience, which will be mandatory for all ships whose construction contract is signed on or after 1...
06.07.2022

GSC widens Saudi network

The Saudi ports’ plans for 2030 are making progress. Over the last years, the Saudi Ports Authority (Mawani) has been able to attract seven new shipping line services to strengthen their ports' connectivity. GSC is one of...
06.07.2022

India shores up its defences

The Indian Register of Shipping (IRS) recently certified the Caisson Gate and Intermediate Gate for the Indian Navy’s aircraft carrier dry dock at Mumbai. The register thus supports the ‘Atmanirbhar Bharat’ (self-reliance)...
05.07.2022

What else but green?

Ocean Network Express opened its new regional headquarters in Singapore with a colourful ceremony. Meant to be an educational, interactive and collaborative space for green initiatives, the new "green" office, where...
05.07.2022

Do spot rates show the trend?

Currently, about 10% of global vessel capacity remains effectively unavailable to the market due to vessel delays. In addition, there was an expectation that the Shanghai re-opening would lead to a significant boom in demand -...
05.07.2022

Vado Express to start soon

Maersk is launching a new service between Port Said at the Suez Canal and Vado Gateway at the Port of Genoa. The first feeder of this new service (3,000 teu) will depart from Port Said on 8 July and arrive at the Vado Ligure...
05.07.2022

BAL goes for expansion

According to Clarkson, the Hong Kong-registered Chinese containership operator BAL Container Line is currently also opting for newbuilds, like other liners. Two new vessels with a capacity of 14,000 teu each will be built at...
04.07.2022

The marriage is postponed

Since 2020, HHLA and Eurogate, Hamburg and Bremen’s most important terminal operators, have been negotiating a partnership to bundle their strengths. The reason why the operators are contemplating a possible merger is the...
04.07.2022

A growing trend in container vessel capacity

There is a growing interest for one segment of middle-sized container vessels. According to Niels Rasmussen, chief shipping analyst at Bimco, new container ships below a capacity of 8,000 teu have become increasingly popular. He...
04.07.2022

Hydrogen to fuel the ports of Stockholm

In Sweden, the Ports of Stockholm and the British company CMB Tech are partnering to build a hydrogen fuelling station adjacent to the port. In the initial phase, port vehicles will be converted to run on green hydrogen. The...
04.07.2022

More space for Rhine terminal

After a Europe-wide tender procedure, Delta Port has awarded Contargo the contract for an additional area in the port of Voerde-Emmelsum, on the Lower Rhine near Wesel (Germany). The container terminal will be enlarged, and...
01.07.2022

World trade on its way up again

In May 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 123.6 points from 122.1 points (seasonally adjusted)...
01.07.2022

Melbourne takes a dip

It is not a law of nature that volumes have to grow in all the ports of the world. Traffic at the Port of Melbourne has gone down since the beginning of this year. In May 2022, the port saw its container throughput shrinking by...
01.07.2022

When Finns buy in Canada

Wärtsilä Voyage, an affiliate of the Finnish technology group Wärtsilä, is acquiring Port Link Global, a port solutions company headquartered in Vancouver, Canada. The transaction was signed and closed in June 2022. Port Link...
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