Clarksons sees "solid maritime conditions" 
Maritime analyst Clarksons Research is comparably optimistic in its recent edition of its Shipping Review & Outlook report. The Clark Sea Index, the company's index for ship revenue, witnessed a small setback in September, but remains averaging USD 38,880 per day so far... plus
JV for new terminal in Abu Dhabi Ports
The AD Ports Group has broken ground for a new capacity container terminal in Abu Dhabi. The CMA Terminals Khalifa Port is expected to be operational in H1/2025 and will be managed by a joint venture owned by CMA Terminals (70% ownership), a subsidiary of global shipping and... plus
Containerships greets the Duke
The Port of Hamburg has been added to the ports of call in the intra-European service Balt-1. Containerships, a subsidiary of the carrier CMA CGM, has extended its network accordingly, and announced the direct service between Germany and UK, marketed as Duke. Duke is part of... plus
Hapag-Lloyd strengthens presence in Latin America
Chile-based Saam, a multinational corporation providing services for trade through four divisions (port terminals, towage, inland logistics and air cargo logistics), has signed a binding agreement with the German liner shipping company Hapag-Lloyd for the sale of 100% of the... plus
Stronger throughput in European ports
In August 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 127.4 points from the 126.5 points (seasonally adjusted) registered the month before, according to... plus
La Spezia pushing Eurokai Group
The Eurokai Group's results surged strongly in H1/2022, due in particular to growth of throughput in Italy’s La Spezia container terminal. The group’s revenues increased by 10.6% to EUR 131.1 million compared to EUR 117.2 million in H1/2021. Net profit for H1/2022 amounted... plus
Transpacific services suspended
Geneva-based Mediterranean Shipping (MSC) is discontinuing an entire service due to reduced traffic on transpacific waters, as a "temporary" measure, the shipping line said. The Sequoia service is operated as part of the 2M Alliance jointly with Maersk's TP3 loop.... plus
Esbjerg initiates offshore collaboration
The Port of Esbjerg has initiated a partnership between five key ports for offshore wind energy in Northern Europe. Besides the Port of Esbjerg (Denmark), the alliance, which was signed in Hamburg recently, includes Niedersachsen Ports/Cuxhaven (Germany), Port Oostende... plus
Greater capacity on East Med and Black Sea
According to Russian media, the Delo Group is expanding capacities on its fortnightly service to and from Novorossiysk, Alexandria, Ashdod and back to Novorossiysk. The company will deploy a 630 teu vessel instead of the 466 teu unit in place. Sergey Berezkin, president of... plus
More than 100,000 teu
The Canadian port of Port Saint John's throughput is taking an upturn due to the supply chain upgrades at its container terminal. The Atlantic port community recently passed the threshold of 100,000 teu in 2022, which is a record mark. Together with the terminal operator DP... plus