Den Hartogh and MOL set up new partnership 
The Japan-based unit MOL Chemical Tankers (MOLCT) has acquired a 20% stake in Den Hartogh Holding. After the acquisition, both parties will sign a partnership deal aimed at jointly expanding the transport of liquefied chemical products, via tank containers, parcel chemical... more
Full year figures for Spanish Ports confirm good 2018
The full year 2018 results for Spanish ports are generally favourable. According to data published by Puertos de Estado, a total of 550.7 million t were moved in 2018, 3.5% more than in 2017. In the period under review, the volume of goods in international transit rose by... more
Invest securely 
The American Association of Port Authorities has presented the latest report in its infrastructure series, ‘The State of Freight’. It comes as no surprise that it has called for state investment – the amount and the focus are somewhat different this time, however. more
HHLA banking on sustainable energy
At the beginning of the year, the German port operator Hamburger Hafen und Logistik (HHLA) and selected partners commenced research and development work on the publicly funded Fresh project at the Container Terminal Altenwerder (CTA). The goal is to integrate the battery... more
Danica to manage crew on newbuild
The crew management company, Danica, has been entrusted to manage the crew on the "Port Imabari", an ultramax newbuilding for Lisbon-headquartered Portline Bulk International. Delivered in January 2019, the 63,500 dwt vessel, equipped with four 30.5 t (SWL) grab... more
Hapag-Lloyd in the mood
The US rating agency Moody’s has upgraded Hapag-Lloyd’s corporate family rating (CFR) to B1 from B2 and its senior unsecured bond rating to B3 from Caa1. The outlook remains stable. The improved rating acknowledges Hapag-Lloyd’s progress in integrating UASC while reducing... more
Great Yarmouth upgrades port equipment
The port of Great Yarmouth has received a new crane with an 84 t lifting capacity for handling larger cargoes on England's east coast. The LHM280 crane – purchased from Liebherr by the port owner Peel Ports Group, – also shortens loading/unloading processes. For the offshore... more
APL unveils AAX2 service
The CMA CGM affiliate APL is set to launch a new weekly Asia Australia Express 2 (AAX2) service that will directly connect the Southeast Asian ports of Vietnam, Malaysia, Singapore and Indonesia to the Australian cities of Brisbane and Sydney. The AAX2 service is poised to... more
Batumi container terminal overhauled and expanded
The Philippines-based terminal and port operator ICTSI has formally opened its enlarged Batumi International Container Terminal (BICT) in Georgia. The expansion to improve cargo flow processing and increase capacity involves both the waterside and the landside areas of the... more
Roll Group completes its Elba LNG project
After more than two years of work, Roll-Lift USA has completed the expansion of the LNG plant at the Elba Island Project located in Savannah GA (USA). The first challenge to overcome was the low-weight limit and deteriorating condition of the only access bridge to the... more