Sea Cube Container Leasing nets new contract 
The US Transportation Command, Directorate of Acquisition, Scott Air Force Base in Illinois has awarded a contract to New Jersey-headquartered Sea Cube Container Leasing International. The pact covers the leasing and transport of intermodal container equipment. Sea Cube was... more
Modest progress at HHLA in 2018
The German port operator, Hamburger Hafen und Logistik (HHLA), has tabled its unaudited figures for financial year 2018. Revenues rose to EUR 1.29 billion, a 3% increase year-on-year, while earnings before tax and interest shot up by 18% to EUR 204 million. HHLA’s container... more
Swiss enterprise snaps up major stake in Sinwa
Listed on the Singapore Stock Exchange, Sinwa Group is one of Asia Pacific’s major marine supply and logistics companies serving more than 100 ports from twelve offices in Singapore, China, Australia, Malaysia and Thailand. The private Swiss bank, SYZ Capital, has now... more
Hong Kong – Chancay via Davos 
Cosco Shipping Ports, an operator of maritime gateways, is set to acquire 60% of Terminales Portuarios Chancay from the latter’s owner, Volcan Compañía Minera. more
US terminals upgrading equipment
Port Newark container terminal (PNCT) in New Jersey (USA) recently took delivery of two megamax outreach cranes, and in Eddystone PA, the Penn Terminals have welcomed two new Liebherr super post panamax ship-to-shore (STS) cranes. The cranes for PNCT, the first out of four... more
Port of Switzerland hoists container flag high
Port of Switzerland, operator of inland ports on the River Rhine, has tabled its 2018 figures. They show that the river’s prolonged low water period had a negative impact on the results. Up to H1/2018, the company was expecting a new turnover record – but then extremely low... more
Strong year too on US east coast
2018 was a year of peaks at the Port of New York and New Jersey (PNYNJ). Some 7.2 million teu were lifted and the throughput exceeded 2017’s tonnage by almost 7%. Import volumes were strong too, surging by 8.2%. According to its records, the port handled one-third of all... more
Japanese potential for port of Hamburg
When the free trade agreement between the European Union and Japan takes effect, economic experts expect to see foreign trade increase this year. Hamburg is one of Europe's leading ports for goods moving to/from Japan. A total of 1.3 million t of goods were moved as... more
Marseille Fos and Strasbourg set up multimodal partnership
Marseille Fos and Strasbourg port authorities have entered into a partnership agreement to strengthen the multimodal sea/waterway and rail links that serve the north-south axis in the hinterland of France. The four core objectives are the development of rail traffic,... more
Global fleets rise in value says Vessels Value
According to information provided by the research and data mining company Vessels Value (VV), the top ten global fleets have gone up in value by USD 17.6 billion. While the Greek fleet increased its total value by over USD 5 billion in one year, the total asset value of the... more