Takeover in New Orleans 
Associated Terminals has acquired the New Orleans Bulk Terminal, still banking on the former owner. Located on the Michoud Slip, just off the Intracoastal Waterway, New Orleans Bulk Terminal is a privately owned 202 sqm facility. The terminal offers multimodal options including... more
More boxes going via Trieste
The port of Trieste is experiencing an upswing, not least due to the expansion of the rail connections in the hinterland. The container terminal of the port, Trieste Marine Terminal is also booming: it handled almost 688,700 teu in 2019. This means that the previous year's... more
A new platform for investors in maritime
Will the tide of investments in the maritime world turn? The Schulte Group, a major German ship owner and ship manager, and DEVK, a German insurance group, are launching the Navigo Shipholding AG (Navigo), a maritime asset investment platform for institutional investors.... more
DP World invests in Swissterminal
Dubai (UAE)-based DP World has made a strategic investment in Switzerland to extend its network of 150 operations in more than 50 countries. With effect from 23 January 2020, DP World is taking a stake of 44% in Swissterminal Holding with the founder family Mayer remaining the... more
Danelec Marine greets investor
Danelec Marine has made public an investment by Northern European growth equity investor Verdane to accelerate the company’s growth in its core markets. Headquartered in Denmark, Danelec Marine is a supplier of voyage data recorders (VDRs), ship-to-shore data communication... more
Improving safety for port operations
Under the leadership of the Dutch ports of Rotterdam and Amsterdam, eleven seaports have developed uniform port regulations for the first time. For instance, the port operators have decided to cooperate in matters of safety by deploying the same port management and... more
Throughput in Spanish ports increased in 2019
According to the latest data until and including November 2019 released by the Spanish state ports, the Puertos del Estado handled a total of 508.8 million t of merchandise in the first 11 months of 2019. This is a rise of 1.1% compared to the same period of the previous year.... more
MSC extends Caribbean network
MSC Mediterranean Shipping Company will introduce a new service between Progreso, Mexico and Freeport, Bahamas. The new service will commence on 7 February 2020. This launch will extend MSC’s network in the Gulf of Mexico and open new opportunities in the Yucatan region by... more
More cyber security at the port of Ashdod
The Mediterranean port of Ashdod will start pilot trials of the Port-Dome cyber protection software on several systems in early 2020, after which the technology will be installed across the port’s entire network. This will include traffic control systems (VTMS/VTS), berths,... more
Drewry has a less optimistic forecast for 2020
According to the London-based maritime consultancy Drewry’s recently published Container Forecaster report, the outlook for the container shipping market in 2020 remains moderate. Drewry is now anticipating that world container port throughput will increase by 3.3% in 2020,... more