Chinese RHI buys Cargotec out of JV 
The ownership of the joint venture in China that Cargotec and Jiangsu Rainbow Heavy Industries (RHI) have been running since 2012 has been reshaped. Since then, Rainbow-Cargotec Industries (RCI) has manufactured port and offshore cranes for Kalmar and MacGregor business areas at... mehr
German inland waterway to North Sea blocked
An inland barge collided with a bridge over the Dortmund-Ems canal in Emsland, Germany, causing the bridge to collapse. The Kunkenmühler bridge was built in 1954 and was 60 m long. Ship traffic was suspended on this stretch of the 265 km long canal after the incident.... mehr
Significant decreases in port throughput now over?
The international association of ports and harbours (IAPH) and the world port sustainability programme (WPSP) conduct weekly surveys on the impact of Covid-19 to monitor the current situation in world ports and trends compared to previous weeks. Compared to last week, the... mehr
Power-to-methanol in Antwerp
In Antwerp, seven partners have founded a consortium for the eco-friendly production of methanol, a main raw material for the industry in the port. The partners in this project are: energy supplier Engie, transmission system operator Fluxys, waste management group Indaver,... mehr
Greek shipping company inks charter contract
Greece-based Diana Shipping, a shipping company specialising in dry bulk vessels, has entered into a time charter contract with Pacbulk Shipping, Singapore, for one of its Capesize dry bulk vessels, the MV "Seattle". The gross charter rate is USD 12,300 per day, minus... mehr
Moderate impact on Finnlines Group's Q1/2020
Emanuele Grimaldi, President and CEO of the Finnlines Group has released the group’s results for Q1/ 2020. He stated that the group’s revenue of EUR 130.5 million for January–March 2020 remained close to Q1/2019 with EUR 137.6 million. During the first quarter, Finnlines... mehr
ONE to Oakland
The Japanese container condominium ONE has started operating its new weekly service called the Far East-Pacific 2. The first ship in the service, the ONE Aquila, just called the US ports Long Beach and Oakland International Container Terminal for the first time. Each of the... mehr
Algeciras and Tanger Med keep the Straits open
In times of Covid-19, the ports of Algeciras and Tanger Med are both keeping the Strait maritime link active for trucks and semi-trailers with the same level of service as before the pandemic. Both container terminals APM Terminals Algeciras and TTI Algeciras are fully... mehr
ONE invests in reefer fleet
The container shipping company Ocean Network Express (ONE) generated a profit of USD 105 million by the end of its financial year 2019, ending March 2020. Singapore-based ONE, which originated from the merger of the container business of the three Japanese shipping lines K Line,... mehr
ICTSI: volumes up in Q1/2020
The outbreak of the pandemic also affected the results of Q1/2020 of terminal and port operator ICTSI. Enrique K. Razon Jr., ICTSI chairman and president, spoke of "devastating effects on our societies" and a necessary "significant amount of combined effort from... mehr