LNG network also anchors in Belgium 
Sea-LNG, a multi-sector industry coalition that aims to foster LNG’s benefits as a viable marine fuel, has won the port of Zeebrugge as a new member. The infrastructure to store and transfer LNG marine fuel has been used in Zeebrugge since 1987. The port is one of the major... plus
Wallenius Wilhelmsen becomes abnormal
After an initial investment in 2012 and a partnership of twelve years, Wallenius Wilhelmsen has now acquired all of ALS, a non-asset specialised logistics provider in the market for oversized, abnormal, exceptional and heavylift shipments. The price of the transaction was not... plus
2021 a strong year for HHLA
The revenues of Hamburger Hafen and Logistik AG (HHLA) increased by 12.7% to almost EUR 1.5 billion in 2021 (EUR 1.3 billion in 2020), despite the effects of the pandemic and the war in Ukraine. The group’s operating result (ebit) leapt to EUR 228.2 million, compared to the... plus
More Californian container handling
The Port of Long Beach and the Port of Los Angeles have delayed their consideration of the “container dwell fee” until 25 March - and probably further. Still, the San Pedro Bay ports – Long Beach and Los Angeles combined – have seen a 64% decline in aging cargo on the docks... plus
UK-Cherbourg link in the making
A new multimodal terminal is being planned for the port of Cherbourg. The hub is scheduled to start operations in 2024. It will link the South West of France to UK via Cherbourg. The project will involve Brittany Ferries building a railway terminal in Mouguerre (Greater... plus
The Bahamas go for South Korea
The Bahamas flag registry is exploring growth opportunities in Asia. To this end, it has created a representation in South Korea through an agreement with marine and logistics provider Ben Line Agencies. Captain Jahangir Hussain, regional director for Asia, commented: “South... plus
How bad is the situation in Shenzhen?
In its recent analysis, Chicago-based software developer and intelligence provider Four Kites reports that China’s zero-Covid policy is having a severe impact on the supply chains across the country. At Shenzhen, normally the country’s second busiest port, a trend of sharply... plus
Wan Hai's next investment
Demand for maritime cargo capacities remains high, with prices still soaring. The German Danz und Tietjens Schiffahrtsgruppe sold a vessel to the Chinese liner Wan Hai for almost USD 110 million. The German company had bought the 5,500 teu unit “Allegoria”, which was built... plus
Maritime cyber security still underestimated
In a recent report, maritime consultant Cyber Owl and law firm HFW found that where cyberattacks in the maritime industry result in the payment of a ransom, shipowners pay more than USD 3 million on average to the perpetrators. The research is based on a survey of more than 200... plus
