Turnaround in sight? 
The Shanghai Export Containerized Freight Index (SCFI) and its fellow indices have faced competition from the Valencia Containerised Freight Index (VCFI) since 2018. The port of Valencia did well with exports to the Middle East, North Africa and the Far East of late. more
Finnlines sailing in the black 
The Finnlines Group reported its financial results for the year 2020, which were commented by Emanuele Grimaldi, president and CEO. The pandemic left its mark. The group’s turnover was down by 16% to EUR 484.0 (EUR 574.8 million) compared to 2019, while ebitda was EUR 140.8... more
Rail prevails at Port of Hamburg
The Port of Hamburg presented its results of the year 2020 at a virtual press conference recently. Despite an upward trend since Q3/2020, total volumes in 2020 amounted to 126.3 million t, 7.6% less than in 2019. Container handling was in the same range with a decline of 7.9% to... more
By when will MSC surpass Maersk?
The run for capacity enters the next phase. Geneva-based Mediterranean Shipping (MSC) is heavily investing in its fleet. This move concerns second-hand tonnage as well as new orders for 24,000 teu vessels. According to Clarksons, MSC just recently acquired the 1,850 teu... more
A Samba takes two
Effective March 2021, a joint office of two heavy lift shipping & logistics companies open their doors in Brazil. Intermarine Brazil and SAL Heavy Lift Brazil thus plan to expand their activities within the project cargo and breakbulk sectors in Latin America.... more
Grimaldi's next generation underway
Naples-headquartered Grimaldi Group continues to expand its fleet. The Group is investing more than USD 500 million in the construction of six new ro-ro multipurpose vessels to Hyundai Mipo Dockyard in Ulsan, South Korea. With a length of 250 m, a beam of 38 m and a... more
Hinterland transport affected worldwide
In these pandemic times, the global situation in hinterland transport has slightly deteriorated compared to November and December 2020. This is one of the findings of the sixteenth survey of global ports which has been published in the WPSP-IAPH Covid-19 Port Economic Impact... more
Chipolbrok sailing new waters
During the corona pandemic, the operation of the 20 employed (fourteen own plus six chartered units) Chipolbrok vessels became much more demanding and challenging. Yet, there are also new opportunities. A special task was given to the last vessel put into service:... more
Seaports of Niedersachsen stems the tide
Lower Saxony’s sea ports have published their annual results. All in all, the nine units - Brake, Cuxhaven, Emden, Leer, Nordenham, Oldenburg, Papenburg, Stade and Wilhelmshaven - handled around 48.7 million t of goods in sea traffic in 2020, 9 % less than in the strong previous... more
A fleet for JWS steel
JSW Steel, an India-headquartered steel manufacturer with a global presence in 140 countries, is building a fleet of shallow draft vessels. The Indian Register of Shipping (IR class) recently classed three 8000 DWT general cargo vessels for JSW Shipping & Logistics based... more