Schulte Group introduces Innoport
The Schulte Group has launched Innoport, a dedicated venture capital unit which identifies investment opportunities in the global maritime start-up ecosystem to equip entrepreneurs with smart capital. The Innoport team, based in Hamburg (Germany), Limassol (Cyprus) and... more
Cargotec picks start-ups as partners
Cargotec has chosen seven start-ups as partners as an outcome of the rainmaking trade & transport impact programme, a maritime start-up collaboration platform. The purpose of this programme is to address the largest challenges in maritime, cargo transport and logistics.... more
APL goes for the Sandwich Islands
The CMA CGM affiliate APL is adding Honolulu (Hawaii) as a port of call to its Eagle Express X (EXX) service. Directly connecting central China, Korea and Japan to Hawaii, the fortnightly call to Honolulu will be offered by the EXX service. APL has its own office on the spot.... more
LNG sees itself at the top of the class
A study has found that using LNG as a marine fuel can reduce greenhouse gas emissions by up to 21%. more
Arkas Line/Hapag-Lloyd VSA starts operations
Arkas Line and Hapag Lloyd have concluded a new vessel sharing agreement (VSA) that is now being implemented after the Westmed Black Sea service (WBS), formerly operated by Emes Feedering, was taken over by Arkas Line and Hapag Lloyd yesterday (14 May). The previous WBS was... more
New mega ro-ro vessels to run on LNG
The fledgling Swedish company Wallenius-SOL (see ITJ Daily from 26 April) has ordered the first generation of LNG-powered ultra-large ro-ro vessels designed by Knud E Hansen. An up to four vessels order has been placed with Yantai Cimc Raffles Offshore (China). The design... more
Strong April for the port of Long Beach
The US port of Long Beach witnessed a peak in container throughput in April 2019. Dockworkers at the port's marine terminals moved 628,121 teu last month. The previous record was 619,512 teu in April 2006. Imports in April 2019 rose to 317,883 teu, 1.8% more than in April... more
More equipment for the port of Maputo
Maputo, the capital and major port of Mozambique (East Africa), was the site where Liebherr recently handed over two Liebherr mobile harbour cranes type LHM 550 to MPDC for bulk handling operations. The port city on the Indian Ocean is an important transhipment point for... more
Port of Cork: recognition for fundraising efforts
The port of Cork (Ireland) and its partners were ‘highly commended’ at the recent Seatrade Awards in the ‘deal of the year’ category in recognition of their work in securing the funding for the development of the new CCT in Ringaskiddy, which will open in 2020. This funding... more
London remains the hot spot for arbitration
Research of the maritime-focused law firm HFW has underpinned the impression that London (UK) continues to dominate the market for maritime arbitration - despite suggestions that Brexit would see activity shift to emerging disputes hubs around the world. Currently, the... more