MOL Plus makes first strike
Founded in late April 2021, MOL Plus, a venture capital fund (CVC) firm owned by Mitsui O.S.K. Lines (MOL) has now chosen its first investment. The investment pool is JPY 4 billion (USD 36 million). The CVC’s first project is the “Real Tech Fund”, operated by Real Tech... plus
Ikea banks on barges in Paris
Having won a bid for project sites organised by Haropa-Ports of Paris, Ikea France is setting up a logistics warehouse at Limay. The publicly owned site, approximately 160,000 sqm, will enable the Swedish retailer to develop a customer distribution centre covering around 72,000... plus
HHLA: a mixed bag in Q1/2021
Q1/2021 had its ups and downs for Hamburger Hafen und Logistik (HHLA). The group's ebit rose by 26.4 % to EUR 46.3 million mostly due to high storage fees caused by continued shipping delays in Hamburg as well as rising container transport volumes. Container throughput fell... plus
Ruée vers les ports US
L’interruption de nombreux services de ligne dans le monde entier, due aux retards de livraison et défaillances de producteurs suite à la Covid-19, a des conséquences. Beaucoup de marchandises, et le phénomène est intensifié par l’e-commerce croissant, arrivent maintenant aux... plus
More cranes in port of Barcelona
BEST, a Hutchison Ports terminal in Barcelona, has taken delivery of two super post-panamax gantry cranes. They offer an outreach of 24 rows and a height under spreader of 47 m (with the possibility of a further 5 m increase), thus enabling them to work with up to ten heights on... plus
Expanding facilities in port of Hirtshals
The Port of Hirtshals, a multipurpose hub on the coast of Skagerrak at the northern tip of Denmark, is adding further quay areas and ro-ro berths, thus improving its loading/unloading opportunities. The expansion includes commercial land and parking areas for trucks. The... plus
Port of Lübeck grows in first quarter
Lübecker Hafen-Gesellschaft (LHG), which operates the German Baltic Sea port of Lübeck, has reported an 8% increase in its overall volumes in Q1/2021. Lockdowns in 2020 and this year did not affect cargo throughput, by and large. Growth was mainly driven by ro-ro and vehicles... plus
Hutchison wraps up acquisition
APM Terminals (APMT) and Hutchison Ports have agreed that Hutchison Ports Netherlands, a subsidiary of Hutchison Ports, is to acquire Rotterdam’s container terminal APM Terminals Rotterdam (APMTR) from APMT. Financial details were not disclosed. This is the beginning of a... plus
Suez impact digested
The Port of Rotterdam is just one of the European ports that could call the whole thing off. The backlog caused by the grounding of the "Ever Given" is as good as processed. With this notification, the Suez consultative panel involving various sector organisations... plus
Solid recovered fuels from Rouen to Sweden
There is new traffic between Rouen, France, and Sweden. In recent weeks, Sea Invest Rouen loaded two ships with 3,500 t of solid recovered fuel (SRF) bound for Sweden. This new service, operated by Véolia, is a first for Haropa - Port de Rouen and is part of the development... plus