NYK: more wind energy to reduce emissions 
A new approach for NYK Bulkship (Atlantic): the subsidiary of the NYK Group is planning to implement wind-assisted ship-propulsion on a bulk carrier under a long-term charter contract with Cargill International. With this project, the partners aim to decrease greenhouse gas... plus
Pursuing growth in the Dominican Republic 
P&O Maritime Logistics has won a contract with DP World in the Dominican Republic to enhance vessel capacity and frequency in the port of Caucedo. The agreement, commencing on 7 December 2023, involves deploying three advanced tugs, including two newbuildings, equipped... plus
ICTSI’s surging net income
In H1/2023, International Container Terminal Services (ICTSI) achieved a 7% rise in net income to USD 313.8 million. Throughput grew by 9% to 6.28 million teu, mainly due to MNHPI’s contribution and trade improvement. Revenues increased by 10% to USD 1.16 billion, with... plus
Adani Ports setting sail
Adani Ports, a ports, terminals and logistics group based in India, has announced its results for the first quarter of its current financial year, which began on 1 April 2023. Net profit surged by around 83%, driven by a substantial rise in cargo volume and improved margins due... plus
Singaporean sustainability
AAL Shipping (AAL) is pushing ahead with its business reporting and to this end recently released its ‘Sustainability Report’ for 2022. In it the shipping line shares elements of its efforts in the environmental, social and governance field (ESG). The report shows up AAL’s... plus
Thessaloniki and Ashdod bond
The Port Authority of Thessaloniki and Ashdod Port Company, Israel, have inked a new agreement. The new cooperation focuses on innovation, with a particular emphasis on cybersecurity and operational efficiency. At the same time, both parties are planning joint initiatives to... plus
NAL Maroc Agency in new hands
Following approval by the Moroccan antitrust authorities, Sea & Ports recently completed the full acquisition of NAL Maroc Maritime Agency, of which the Spanish group had already purchased 51% of the shares in 2022. The Sea & Ports Group, headquartered in Madrid, has... plus
Des prestations tout en un
Comment DP World, opérateur de terminaux et de ports, est devenu un architecte de la supply chain. La tendance consistant à offrir si possible beaucoup de prestations de service est présente dans pratiquement toutes les grandes entreprises de transport et de logistique du monde... plus
CMA CGM starts "NC Levant"
France-based CMA CGM is launching its new offering "NC Levant". Starting next Monday, 10 July 2023, in Salerno (Italy), the service is intended to improve reliability and performance on the following rotation: Felixstowe (Great Britain), Hamburg (Germany),... plus
Konecranes contracted to equip container terminal
Konecranes has won a public tender from Copenhagen Malmö Port (CMP) to supply container handling equipment for a new container terminal in the port. Located a few kilometres away from the existing container terminal, in Ydre Nordhavn, the new terminal will welcome eight... plus