Duisport and Singapore JV invest in China 
Multimodal Investments (MIPL) is the name of the new Singapore-based joint venture company that was jointly established by PSA Northeast Asia Supply Chain, a subsidiary of PSA International, and multimodal Duisburger Hafen AG (Duisport). The JV will invest in multimodal... more
Nile Dutch sails to Hamburg
Hamburg-headquartered carrier Hapag-Lloyd has inked an agreement with container shipping company Nile Dutch to take over all its shares. Financial details were not disclosed and the transaction is subject to regulatory approval. Rotterdam-based Nile Dutch runs 19 agencies... more
Investors for a blockchain BL model
Wave BL, a developer of blockchain networks to support paperless trade in the shipping industry, saw a joint investment in a Series B Financing round of carrier ZIM and Marius Nacht, an Israeli serial entrepreneur and investor. The two investors co-lead a round of approximately... more
More renewable fuels in the Netherlands
Neste, a major producer of renewable diesel, is expanding its production site in Rotterdam, where the company already runs a factory on the Maasvlakte. Although Neste also has plants in Sluiskil and Vlaardingen in the Netherlands, the acquisition of the Rotterdam-based Bunge... more
Less congestion on West Coast?
Despite the Port of Long Beach's busiest February so far, the congestion in front of the ports of Los Angeles seems to be easing. Long Beach handled almost 772,000 teu in February, a significant upswing of 43.3% in comparison to the same month in 2020. Imports lead the way... more
River transport links Paraguay with Brazil
Brazil Tec Plata, the Argentine subsidiary of International Container Terminal Services, recently welcomed a new service that links the ports in Paraguay to the Port of La Plata, and from there, to the main ports in Brazil. The service, which made its first stopover at the... more
Analysing a decade's progress in Barcelona
The Port of Barcelona has launched a new economic impact study of commercial and digital activities, aiming to assess the port's commercial dimension and the added value it generates in the economy of its hinterland. The study will collect data from other indicators to... more
MSC plans Sentosa service
MSC has launched a new container shipping link, the Sentosa service, to widen its network between southeast Asia and the US west coast, with a view to improving reliability in the transpacific network at a time when the entire market remains under considerable systemic pressure.... more
K Line on the remote side
In Mid-March, the “Century Highway Green”, a car carrier fuelled by LNG that had been under construction at the Japanese Tadotsu Shipyard was delivered to K Line. It is the first newly-built vessel to obtain Nippon Kaiji Kyokai (Class NK) notation certifying that the ship is... more
Equipment for Yilport portfolio
The Yilport Holding has ordered 27 new Kalmar machines to be spread across its ports and terminals: 11 reachstackers, four empty container handlers and 12 heavy terminal tractors. Delivery of all machines is scheduled for Q3 and Q4/2021. Currently, the Yilport Holding... more