Container throughput solid in February says Drewry 
In February 2019, Drewry's global container port throughput index declined to 114 points, after reaching 131 points in January. The decrease was mainly due to the Chinese New Year which was celebrated in February and dampened activity levels. The February 2019 index was... more
ICS – Avoid overcapacity 
The International Chamber of Shipping’s Simon Bennett warned his audience in Istanbul about the further erosion of margins if tonnage does not fall more heavily. more
History of Hamburg Süd on display
Two going for history: Hamburg Süd and the International Maritime Museum Hamburg (IMMH) have signed an agreement to catalogue and display the historical collection of the shipping company, which was founded in 1871. Using images, ship models, documents and other artefacts from... more
Australian hydroxide plant needs new equipment
Tianqi Lithium Kwinana has recently placed an order with Liebherr for the first LRS 545 Reachstacker in Australia. Tianqi Lithium operates a new lithium hydroxide plant in the Kwinana industrial area, south of Perth in Western Australia. In July, a reachstacker and two... more
SOL and Wallenius create special fleet
A new shipping line, Wallenius Sol, has been founded. The company will move mainly forest products and other cargoes within a network covering the Gulf of Bothnia, the Baltic Sea and the North Sea. The initiative was launched by the shipping lines Wallenius und SOL. It focuses... more
Upbeat first quarter for the port of Rotterdam
In the first quarter of 2019, the quantity of cargoes processed at the port of Rotterdam surged by 5.1% compared to the same period last year. In total, 123.9 million t were handled compared with 117.8 million t in Q1/2018. The increase was mainly due to the throughput of... more
MOL seeks oil in Mexican waters
Modec and MOL have joined forces in a long-term charter business to provide a floating production, storage, and offloading system (FPSO) for use in the offshore Area 1 block on the coast of Mexico. A loan agreement for the project was entered into on 12 April 2019. Mitsui... more
DNVGL approves Chinese offshore units
The maritime classification company DNV GL has presented China Merchants Heavy Industry (CMHI) with approval in principle (AIP) certificates for two new offshore units: an arctic single column drilling unit and a wind turbine shuttle. The certificates confirm that DNV GL has... more
Special investment in Liverpool
Jenkins, a national logistics provider specialising in paper, pulp and other forest products, is to invest in a GBP 17 million new custom-built warehouse at the port of Liverpool. Jenkins, which has been a tenant at the port for ten years, has reached an agreement on... more
Stena's next newbuild joins the fleet
The “Stena Edda” will enter service on the Belfast-Liverpool route in spring 2020. It is the second of three new e-flexer vessels bound for the Irish Sea during 2020 and 2021, a multi-million pound investment by Stena Line in the region. The ‘float out’ ceremony started at 13.18... more