HL shows steady performance in 2020 
As forecast, the Hamburg shipping company Hapag-Lloyd achieved revenues of USD 10.5 billion after the first nine months of the year, almost on par (-1%) with the same period in 2019. Yet, ebitda climbed by 20.4% to more than USD 2 billion. While ebit rose by a significant... plus
Sea Intelligence on demand in Q4/2020
The Copenhagen (Denmark)-based maritime consultancy "Sea Intelligence" recently analysed the latest demand data for September 2020 published by Container Trade Statistics (CTS). Global demand grew by 6.9% in comparison to September 2019, with positive growth in all... plus
Eurogate in transformation
The management of the Eurogate has initiated a comprehensive transformation programme with the aim of achieving sustainable improvements in productivity and cost reductions of EUR 84 million p.a. across the group. This programme is to be implemented in full by 2024. From... plus
THE Alliance till the end of 2020
The alliance of Hapag-LLoyd, HMM, ONE and Yang Ming, called THE Alliance, has announced service adjustments to better match resources and "fluctuating demand" of the global shipping market. Between Asia and North Europe, the FP1, FP2, FE2, and FE3 will maintain... plus
UN shipping report for 2020 gloomy
In its shipping report "Review of Maritime Transport for 2020", Unctad shows the following picture: In 2019, the global fleet grew by 4.1% to approx. 98,000 commercial vessels while maritime trade volumes expanded by 0.5% reaching a total level of 11.08 billion t,... plus
New West Africa Service in 2021
Singapore-headquartered Ocean Network Express (ONE) plans to launch a new weekly Europe - West Africa Service (EWX). The first voyage is scheduled to start in February 2021. The port rotation will be: Hamburg – Rotterdam – Antwerp – Le Havre – Algeciras – Tangier – Dakar – Tema... plus
ICTSI goes blockchain
Philippines-based International Container Terminal Services (ICTSI), an international port and terminal operator active in 19 countries, has signed on to connect its current 31 terminals to the platform of Trade Lens, a blockchain software jointly developed by IBM and Maersk,... plus
Deux ports plus proches 
Le projet européen Fenix, qui est censé créer une voie commerciale internationale et sûre entre l’Europe et l’Afrique du Nord, devrait accroître l’efficacité des échanges commerciaux entre les deux ports de La Spezia et de Casablanca. plus
Finnlines assumes its role
Finnlines’ turnover and profitability have declined significantly compared to 2019 due to decreased cargo and passenger volumes. Yet, the carrier, which is of strategic importance especially for Finland and Sweden, has neither laid down any vessels or altered any services -... plus
Upswing for Qatar Ports
Qatar's ports witnessed growing volumes in October. 330 vessels visiting the Port of Hamad, the Port of Ruwais and the Port of Doha led to a rise in throughput of 17% last year, as Mwani, the port owner and operator, reported. The three ports handled almost 128,500 teu,... plus