Hapag-LLoyd on the trail of Vasco de Gama
Hapag-Lloyd strikes in India. The Hamburg-based carrier has signed an agreement to acquire 35% of the shares of J M Baxi Ports & Logistics Limited (JMBPL). Seller is a Bain Capital Private Equity affiliate. In addition, Hapag-Lloyd agreed with JMBPL and its promoters,... plus
New tenders for concessions in Bilbao
A new opportunity on the Iberian Peninsula is on the horizon. The Port Authority of Bilbao has decided to call for tenders for the construction and operation of a container terminal on the Central Quay Santurtzi. The Central Quay is the last large area of the port of Bilbao... plus
Mixed results for Strasbourg in 2022
The Ports de Strasbourg (PAS) on the Rhine saw its throughput dropping to 7.6 million t in 2022 compared to 2021. Overall results were affected by a 8.9 % decline in river traffic, due to low water periods in the summer and the impact of the war in Ukraine, which led to a... plus
Ordering fifteen new units in three months
Grimaldi has extended the agreement that try Holdings CMI) in late October 2022. In addition to the construction of five new PCTC (pure car & truck carrier) vessels, the group has exercised the option for another five units. With this extension, the Neapolitan company... plus
ONE tightens links to Latin America
Ocean Network Express (ONE) is introducing a new Altiplano Service (ATS), which is scheduled to commence in February 2023. Connecting Arica and Iquique, Chile, from Callao, Peru, the new ATS service provides an extended coverage of Northern Chile and complements ONE’s existing... plus
British-Dutch traffic enhanced
The shipping line A2B-online is expanding its services and has announced an additional weekly sailing between Rotterdam, Botlek and Teesport, which will start from the end of January 2023. The enhancement will raise the number of sailings on the route to four times per week and... plus
Investments for Spanish carrier Trasmed
According to Spanish sources, Trasmed GLE, the Spanish affiliate of the Grimaldi Group, is planning to invest about EUR 45 million in 2023, which will be used for the company’s logistics and infrastructure segments and to support its shipping fleet. Currently, Trasmed has... plus
MSC's cold grip in Livorno
In mid-January 2023, Terminal Investment Limited (TIL), which belongs to the MSC group, completed its acquisition of Terminal Darsena Toscana (TDT) in the Port of Livorno, Italy. The seller is the Gruppo Investimenti Portuali (GIP), which also handed over its stake in the... plus
«En mode innovation»
La stratégie d’avenir des ports rhénans suisses en plein changement structurel. Les ports rhénans suisses n’ont pas été épargnés par les grands changements du transport de fret survenus ces dernières années. Selon Florian Röthlingshöfer, directeur, l’économie portuaire publique... plus
Global transit times improving
The Ocean Shipping Index from E2 open is based on information from a business network that includes 420,000 interconnected companies managing 13.5 billion transactions and tracking 71 million containers annually. In its issue for Q4/2022, the index reports that, in major... plus