Swedish Club reports volatility in investment 
After Q1/2019, the Swedish Club stated that investments in the sector were very volatile with equity markets in free fall during December 2018. As a result, a negative investment return of -1.6% was recorded at the end of December. Profits in the underwriting business covered at... more
Number of pirate attacks drops in first quarter 2019
According to a report of the IMB, a unit of the London (UK)-based ICC, the number of registered cases of piracy at sea and armed attacks on ships decreased significantly over the first three months of this year compared to last year. 38 attacks were reported – at the beginning... more
DNVGL rates shipping ports worldwide
DNVGL’s recent maritime capitals report claims that Singapore continues to hold the top position of all maritime capitals. Despite a somewhat weak trade cycle in traditional shipping and offshore oil and gas markets that have yet to recover from a downturn, Singapore retained... more
Tripartite MoU to enhance autonomous navigation
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with ST Engineering Electronics, an information communications technologies provider and co-creator of Smart City Solutions, and Mitsui & Co, the second largest trading house in Japan. The partners will... more
Trois-Rivières and Mulhouse to collaborate
The Canadian port of Trois-Rivières and the French ports of Mulhouse Rhin recently signed a collaboration agreement focused on best operational and business development practices. The four key areas of cooperation will be port governance, trade promotion, sharing innovation and... more
Tec Plata terminal opens in Argentina
It is official: Tec Plata, the new container terminal located in Puerto de La Plata (Argentina), has begun operations. Its opening ceremony was attended by the vice-governor of Buenos Aires province, the minister of production and other officials. Tec Plata is a subsidiary... more
APL banks on enhanced China loops
APL has launched its new Central China - loop 3 (CC3) service and enhanced its South China - loop 3 (SC3) service, both serving the Asia-North America trade lane. Adding to its portfolio of transpPacific services, the new CC3 will provide direct connectivity from the Chinese... more
Giant gantry crane inaugurated in Port Guadeloupe
The Grand Port Maritime of Guadeloupe has inaugurated its new generation gantry crane at the Jarry Terminal in Baie-Mahault. Marie-Luce Penchard, chairman of the port's supervisory board, and Yves Salaün, chairman of the management board, stressed the importance of the... more
Spliethoff Group augments fleet
The Dutch Spliethoff Group has just augmented its fleet. The new vessels are the "Hudsongracht" (HHL Elbe) and "Humbergracht" (HHL Tyne), both of which are around 12,750 dwt and offer a combined crane capacity of 300 t. On top of that, the company has... more
Port of Antwerp pushing barge shipping
The port of Antwerp wants to increase the share of inland waterway transport from the current 38% to 42% by 2030. This goal means that 4% of the current transport volume has to be shifted from road to inland waterway. The container inland shipping action plan - a logistics... more