Container options on the Mississippi
A new option in inland navigation on the Mississippi is currently under consideration in the USA. A project group recently designed a container-on-vessel (COV) service which is expected to reduce freight transportation costs and increase efficiency and reliability for shippers.... plus
Trait d’union entre le nord et le sud
Dans le port nord-italien de Trieste, un terminal est ouvert en coopération avec une société allemande. Il sera au service d’un système maritime/ferroviaire. plus
DP World re-performing in Q3/2020
The activities of the Dubai-based maritime group DP World gained momentum in the third quarter of this year. The group's terminals handled 18.3 million teu across its global portfolio of container terminals in Q3/2020, with gross container volumes rising by 3.1% in comparison to... plus
Columbia and Premuda join forces
Could it be the beginning of a wonderful friendship? The Italian ship-owning Group Premuda, controlled by Pillarstone, a financial platform supporting companies in temporary difficulty, has found a partner in Columbia Shipmanagement (CSM). Under the joint venture agreement,... plus
Two CTVs from Singapore
Singapore-based shipbuilder Strategic Marine has inked a newbuild contract for two 27 m crew transfer vessels (CTVs). The contract includes an arrangement with financial investors providing WEM with an end-to-end package from shipbuilding construction financing to post-delivery... plus
Margins to stay, says Fitch Ratings
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... plus
IMB sees pirates growing stronger
Pirate attacks on merchant ships continue to rise, according to figures from the most recent edition of the quarterly report of the International Maritime Bureau (IMB) of the International Chamber of Commerce (ICC). In particular, the number of kidnappings in the Gulf of... plus
Green hydrogen from Iceland?
A new source for clean fuels is in the making. Landsvirkjun, Iceland's national power company, and the Port of Rotterdam have signed a memorandum of understanding (MOU) to perform a pre-feasibility study regarding the export of green hydrogen from Iceland to Rotterdam. According... plus
EU funding for Swedish and Finnish ports
The Ports of Stockholm are to benefit from European investments. In total, the EU has decided to support eight Swedish infrastructure projects this year with grants from the Connecting Europe Facility (CEF) Fund. One of the agreements has now been signed, with the goal to... plus
Seasonal REX service is back
The Turkish shipping company Arkas and its partner Sealand Europe & Med, a Maersk affiliate, have decided to resume their seasonal reefer service. REX, the "Russia Express Service", will commence with the departure of the "Bomar Resolve" from Mersin on 31... plus