Arkas Line/Hapag-Lloyd VSA starts operations 
Arkas Line and Hapag Lloyd have concluded a new vessel sharing agreement (VSA) that is now being implemented after the Westmed Black Sea service (WBS), formerly operated by Emes Feedering, was taken over by Arkas Line and Hapag Lloyd yesterday (14 May). The previous WBS was... more
New mega ro-ro vessels to run on LNG
The fledgling Swedish company Wallenius-SOL (see ITJ Daily from 26 April) has ordered the first generation of LNG-powered ultra-large ro-ro vessels designed by Knud E Hansen. An up to four vessels order has been placed with Yantai Cimc Raffles Offshore (China). The design... more
Strong April for the port of Long Beach
The US port of Long Beach witnessed a peak in container throughput in April 2019. Dockworkers at the port's marine terminals moved 628,121 teu last month. The previous record was 619,512 teu in April 2006. Imports in April 2019 rose to 317,883 teu, 1.8% more than in April... more
More equipment for the port of Maputo
Maputo, the capital and major port of Mozambique (East Africa), was the site where Liebherr recently handed over two Liebherr mobile harbour cranes type LHM 550 to MPDC for bulk handling operations. The port city on the Indian Ocean is an important transhipment point for... more
Port of Cork: recognition for fundraising efforts
The port of Cork (Ireland) and its partners were ‘highly commended’ at the recent Seatrade Awards in the ‘deal of the year’ category in recognition of their work in securing the funding for the development of the new CCT in Ringaskiddy, which will open in 2020. This funding... more
London remains the hot spot for arbitration
Research of the maritime-focused law firm HFW has underpinned the impression that London (UK) continues to dominate the market for maritime arbitration - despite suggestions that Brexit would see activity shift to emerging disputes hubs around the world. Currently, the... more
Containers push up revenues 
In 2018 Marsa Maroc, the Casablanca-based leading Moroccan port operator, managed to increase its revenues to MAD 2.7 billion (approximately EUR 250 million). The corporation said that this was due substantially to growing container volumes that the firm and its various... more
Southeast Asian expansion of APL's JTV service
The CMA CGM affiliate APL has announced that the Japan Thailand Vietnam (JTV) service is extending its port rotation to the Philippines and within South China. The service will now be calling at three additional ports in Manila (Philippines), Shekou and Nansha (both China) as... more
Intermodal leads the way in HHLA's Q1/2019
Hamburger Hafen und Logistik (HHLA) reported satisfactory results in the first three months of the year. Improvements in container transport and property management led to a revenue of EUR 347.6 million (+10.3%). The operating result (ebit) rose significantly by EUR 11.8... more
Result significantly up in the first quarter
The German shipping line Hapag-Lloyd closed Q1/2019 with a significantly higher operating profit, as earnings before interest and taxes (ebit) increased to EUR 214 million (compared to EUR 51 million in Q1/2018). The group’s net result increased to EUR 96 million (EUR -34... more