Guyana: a new hot spot for business 
In the Latin American country of Guyana the economy is growing apace. Due to the productivity of offshore drilling projects, the country’s gross domestic product alone is set to double by 2020. Crane Worldwide Logistics has opened an office in Guyana to assist global clients... more
50,000 trackers at sea 
There is a plethora of discussions concerning the technical details of container trackers in the maritime shipping industry. CMA CGM is now going the whole hog and deploying Traxens trackers on all of its 50,000 containers; Maersk and MSC are also in action. more
More dividends for HHLA's shareholders
The Hamburger Hafen und Logistik AG (HHLA, Germany) will raise the dividend per listed class A share to EUR 0.80. This figure is 19.4 % higher than in the previous year. EUR 56 million will thus be distributed to the shareholders of the port logistics subgroup for the financial... more
New service launched by BG Freight Line
In a partnership with Maersk, Netherlands-headquartered BG Freight Line is starting a new weekly service on the Waterford-Rotterdam route that will act as a deep-sea feeder for businesses in Ireland. BG Freight Line is part of the British Peel Ports Group. It runs a fleet of... more
Muted growth for Spanish ports in first quarter of 2019
According to the latest data published by Puertos de Estado, between January and April 2019, the Spanish ports of general interest moved a total of 182.1 million t of goods, 1.2% more than in the same period in 2018. During the first 4 months of the year, general loads grew... more
Bremenports renovates lock
The renovation of the Kaiserschleuse lock near Bremen (Germany) is now underway. Vessels can still enter the Kaiserhafen port via the swing bridge. At the end of June, the outer head gate will be drained so that new rail tracks can be installed over the following weeks.... more
Transpacific service of APL wins award
Laurels for APL, part of the CMA CGM Group, which has been named the ‘Best Shipping Line in the Trans-Pacific’ at the 2019 Asian freight, logistics and supply chain awards in Hong Kong. APL has been experiencing volume growth in the Asia-North America network. In 2018, its... more
Panama Canal becomes greener
The Panama Canal Authority intends to enhance its green connection environmental recognition programme. This initiative encourages the shipping industry to mitigate the environmental impact of their operations through an incentive-based system that includes the green connection... more
Hapag Lloyd redeems its debts
The Hamburg (Germany)-based carrier Hapag-Lloyd has decided to fully redeem the outstanding EUR 280 million in aggregate principal amount of its outstanding 6.75% senior note due 2022 on 24 June 2019 at a fixed redemption price of 103.375%. The redemption will be done... more
More container capacities at Bristol Port
The capacity of Bristol Port’s container terminal (UK) has been significantly expanded by the completion of a GBP 9 million upgrade. The investment is a further commitment to the container services offered at Avonmouth and Portbury Docks. The geographical advantage of... more