Reliability at a stable low, Sea-Intelligence says
Sea-Intelligence, a Copenhagen-based maritime intelligence provider, has updated its schedule reliability figures up to and including July 2021. The report covers the relevant data from 34 trade lanes and more than 60 carriers. While schedule reliability is not getting any... plus
Container terminal in Monfalcone sold
Italian infrastructure fund manager F2i has purchased a second terminal in Monfalcone in Northern Italy. The Compagnia Portuale Monfalcone (CPM), operating in the port of Monfalcone, comolements the port operations already managed in Carrara, Livorno, Mestre and Chioggia, as... plus
More money for Nyshex
Nyshex witnessed another funding round with an additional USD 15 million. The money came from existing investors. The investment was led by New Road Capital Partners, along with Collate Capital, Blumberg Capital and the New York Angels. The platform's technology is used by... plus
Mixed picture for global container throughput
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose by 1.6 points (seasonally adjusted) to 125.1 in May, according to the current flash estimate. The value of the Chinese ports'... plus
DP World's expansion paying off so far
The first six months of 2021 were good to DP World. The port, terminal, logistics and short sea operator generated revenues of USD 4.94 billion (+21.3%), while net profit for the period rose to USD 585 million (+75,4%). In volumes, DP World handled 38.6 million teu over the... plus
Bremenports invests in its infrastructure
The project has been approved. Bremenports can now begin the construction of the Columbus quay on schedule. Managing director Robert Howe: "We plan to start in October. This means that we can meet our goal and begin building the Columbus quay just after completion of the... plus
New link from Tec Plata to Brazil and Asia
Philippines-based International Container Terminal Services Inc's (ICTSI) subsidiary in Argentina is working with a port administrative entity to launch a new feeder service to connect the re-opened Port of Santa Fe to Brazil and Asia. Through its partnership with the Santa... plus
Maersk running on methanol
The obligation to reduce the emissions of cargo vessels continues to influence the shipping industry. The next row of vessels to be built by Hyundai Heavy Industries (HHI) for Maersk with a nominal capacity of approx. 16,000 teu each have a specific feature. All eight... plus
After Rotterdam, it's Hamburg
Singapore-headquartered Ocean Network Express is opening a dedicated container depot in the Port of Hamburg in partnership with Universal Container Services (UCS), following the companies' joint activities at their dedicated ONE depot in Rotterdam, which came on stream in 2019.... plus
Run on newbuilds continues
The next tsunami of new vessels is on the horizon. Industry service Alphaliner reports a run on newbuilds in H1/2021 by shipping lines, non-operating owners, investment banks and lessors alike. In fact, orders for about 300 vessel to be built at wharfs in China, South Korea and... plus