Yang Ming banks on France 
In a joint operation, Yang Ming has set up a new subsidiary with the Naxco Group in France. Yang Ming (France) officially became operative on 1 January 2021. The subsidiary aims at assisting Yang Ming to develop local market and integrate regional resource. With the... more
Funds to extend Liège port
The government of the Belgian region of Wallonia has granted the autonomous inland port of Liège subsidies of almost EUR 4 million. The funds have been earmarked to extend the port area along the river Meuse towards Hermalle-sous-Huy by building a new 250 m quay wall and... more
20 year-concession for terminal
The supervisory board of the Port of Le Havre, a part of Haropa, has granted a 20 year-concession for the construction and operation of a dry bulk terminal to the company Lorany Conseils. This project reflects the ambitions concerning this category of traffic, which is... more
GAC Germany up and running
The GAC Group has started 2021 by expanding services in its European network. GAC Germany began operations on 4 January, offering ship agency, husbandry, bunker fuel, dry dock and other services, in cooperation with the group’s ship spares logistics specialist, GAC Marine... more
Breaking the wave in Californian ports
Due to unprecedented pre-Lunar New Year inbound volumes, a combination of increased consumer spending, holiday shipments and replenishment of warehouse inventories, the US-American ports of Long Beach and Los Angeles are experiencing a period of congestion. While the Port of... more
KMT launches new TOS
The Cameroonian subsidiary of International Container Terminal Services, Inc. (ICTSI), recently implemented the Logstar Terminal Operating System (TOS) at the Port of Kribi. KMT is a purpose built deep water general cargo facility catering to ro-ro project and heavy lift cargo,... more
LBS enters LNG business
In the second half of December, the PCTC MV “Auto Energy” of UECC's fleet received its first ship-to-ship bunkering of liquefied natural gas (LNG) blended with 10% renewable liquefied biogas (LBG). Gasum’s LNG bunker vessel “Coralius” performed the bunkering operation at... more
CMA CGM pursues air cargo plans
It is not just the integrators. The carrier CMA CGM is also working hard on setting up its own air cargo business. According to news from the trade journal "aerotelegraph", the shipping company is currently negotiating with Qatar airways about the acquisition of two... more
Container flows back on track
According to the current flash estimate, the container throughput index of the RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) showed a slight, seasonally adjusted decrease in November from 121.6 (corrected) to 121. The... more
Three new units nearby
The Naples-headquartered Grimaldi Group opens the new year 2021 with an enhancement of its fleet. The delivery of the “Eco Barcelona” took place in early January, while two more vessels with different specifications, the “Grande Texas” and the “Eco Livorno”, will join Grimaldi’s... more