Greek port expansion plans 
The Thessaloniki Port Authority (ThPA) was appointed as the preferred investor by the Hellenic Republic Asset Development Fund (HRADF) on 28 September, to acquire a 67% stake in the Volos Port Authority for EUR 51 million. The decision to enter this tender is in line with... more
Sal’s future-ready deck carriers
Sal Heavy Lift is expanding its fleet with two cutting-edge semi-submersible deck carriers, the ‘Zhong Ren 121’ and the ‘Zhong Ren 122,’ in partnership with Shanghai Salvage (China). These vessels, scheduled for delivery between December 2023 and February 2024 in Shanghai,... more
German maritime innovation grants
The German ministry for digital matters and transport is providing substantial funding to support sustainable and technologically open modernisation efforts in coastal shipping. Minister Volker Wissing handed out funding certificates worth over EUR 31 million to five shipping... more
Global liner performance report
Sea-Intelligence has released its global liner performance (GLP) report, providing schedule reliability data up to August 2023. Globally, schedule reliability slightly dipped to 63.2% in August, with minor fluctuations since March. Yoy reliability improved by 17.0 percentage... more
Rhenus presents future of vessel control
Rhenus has showcased its remote-controlled inland waterway vessel, part of the "Fernbin" research project, at the German National Maritime Conference. The project was initiated in 2020 by Rhenus Partnership in collaboration with several project partners, including... more
Timber hub rebranded
Formerly known as Mimab Wood, the Gothenburg Wood Terminal has rebranded to reinforce its status as the primary timber terminal in the Port of Gothenburg. Located at Scandinavia's largest logistics hub, it plays a crucial role in the supply chain connecting Swedish sawmills to... more
A stopover in the north? 
Another staging post for transhipments on the Northeast Passage? Russia has been propagating the Northern Sea Route for a long time. Some carriers, including CMA CGM and Hapag-Lloyd, have decided against. Russia is nevertheless pushing ahead with it by expanding regional hubs in... more
Deeper channel at Felixstowe
The English port of Felixstowe has completed the deepening of its main approach channel and of its berths 8 and 9, enhancing accessibility for the world’s largest container vessels. The approach channel’s depth has been increased from 14.5 to 16 m, while berths 8 and 9 have been... more
Noatum sells BCDS stake
Noatum, a Spanish affiliate of the AD Ports Group, has sold its 27.9% stake in the Barcelona Container Depot Service Group (BCDS) for EUR 11 million, generating a one-time capital gain of EUR 10 million. This divestment is in line with the AD Ports Group’s strategy to manage its... more
MOL joins Tokyo Bay ESG project
Mitsui O.S.K. Lines (MOL) has joined the ‘Tokyo Bay ESG Priority Project’ for 2023 with its ‘Wind Hunter Project’, a zero-emissions vessel initiative incorporating wind power and hydrogen. This project is in line with the Tokyo metropolitan government’s vision of a... more