Bangkok Port Authority opens free zone 
The Bangkok Port Authority inaugurated a new free zone on 10 January, offering 24,000 sqm of warehousing and container yard space, aimed at enhancing services in the Bangkok Metropolitan Region for importers, exporters, international freight forwarders, and service providers.... more
PSA thrives in 2023
PSA International handled 94.8 million teu of containers globally in 2023. Singapore's terminal saw a 4.8% growth, procressing 38.8 million teu, while terminals outside Singapore handled 56 million teu, growing by 3.9%. This total volume marked a 4.3% uptick from 2022. In a... more
LHG braves economic headwinds
Lübecker Hafen-Gesellschaft (LHG) faced a challenging economic environment in 2023, with a 4.8% decrease in total cargo handled compared with 2022. The decline from 22.4 million to 21.3 million t was mainly due to reduced production from a major supplier, impacting roro traffic... more
Arcese leases warehouse in Spain
Arcese, a global logistics operator, and Cilsa, which manages ZAL Port, have signed a new lease for 10,264 sqm of warehouse and 957 sqm of office space at ZAL Port in Barcelona, thus reinforcing their partnership. This expansion supports Arcese's growth in Spain,... more
OOCL feels the pressure
Hong Kong-based Orient Overseas Container Line (OOCL), an affiliate of Cosco since 2018, recorded more volumes, but significantly less revenues in Q4/2023. The revenues almost halved (-49%), falling from USD 3.18 billion in Q4/2022 to USD 1.62 billion in Q4/2023.... more
Four heavy-lifts for Intermarine
Intermarine, a multi-purpose carrier based in the Americas, is planning to add more vessels to its fleet in collaboration with the Jumbo-SAL-Alliance. The significant expansion includes four heavy-lift vessels, acquired on a long-term charter, to be deployed on global trade... more
A jolly crew
Ignazio Messina & C., a Genoese shipping company, has taken over the 'Jolly Giada', a full-container ship, at the Port of Algeciras, completing its first phase of planned acquisitions in the container vessel market. The 'Jolly Giada', a sister ship of the recently... more
ICTSI's green pledge for 2050
International Container Terminal Services, Inc. (ICTSI) has committed to net zero greenhouse gas emissions from its direct operations (scope 1) and purchased electricity (scope 2) by 2050. The company aims to reduce these emissions by 26% per container move by 2030, compared to... more
No more pin codes in Antwerp
Starting on 15 January 2024, the port of Antwerp-Bruges will implement the certified pick-up system for the release of import containers, replacing the current pin code system. This mandatory digital platform ensures a safer, more transparent, and efficient container... more
Market share won, boxes lost
Antwerp’s throughput suffered in 2023, yet the merger with Bruges still paid off. Altogether, 271 million t of cargo were handled in the major Belgian seaport in 2023, down 5.5% from the previous year. The port attributed the decline to "geopolitical tensions and slowing... more