Swiss enterprise snaps up major stake in Sinwa
Listed on the Singapore Stock Exchange, Sinwa Group is one of Asia Pacific’s major marine supply and logistics companies serving more than 100 ports from twelve offices in Singapore, China, Australia, Malaysia and Thailand. The private Swiss bank, SYZ Capital, has now... more
Hong Kong – Chancay via Davos
Cosco Shipping Ports, an operator of maritime gateways, is set to acquire 60% of Terminales Portuarios Chancay from the latter’s owner, Volcan Compañía Minera. more
US terminals upgrading equipment
Port Newark container terminal (PNCT) in New Jersey (USA) recently took delivery of two megamax outreach cranes, and in Eddystone PA, the Penn Terminals have welcomed two new Liebherr super post panamax ship-to-shore (STS) cranes. The cranes for PNCT, the first out of four... more
Port of Switzerland hoists container flag high
Port of Switzerland, operator of inland ports on the River Rhine, has tabled its 2018 figures. They show that the river’s prolonged low water period had a negative impact on the results. Up to H1/2018, the company was expecting a new turnover record – but then extremely low... more
Strong year too on US east coast
2018 was a year of peaks at the Port of New York and New Jersey (PNYNJ). Some 7.2 million teu were lifted and the throughput exceeded 2017’s tonnage by almost 7%. Import volumes were strong too, surging by 8.2%. According to its records, the port handled one-third of all... more
Japanese potential for port of Hamburg
When the free trade agreement between the European Union and Japan takes effect, economic experts expect to see foreign trade increase this year. Hamburg is one of Europe's leading ports for goods moving to/from Japan. A total of 1.3 million t of goods were moved as... more
Marseille Fos and Strasbourg set up multimodal partnership
Marseille Fos and Strasbourg port authorities have entered into a partnership agreement to strengthen the multimodal sea/waterway and rail links that serve the north-south axis in the hinterland of France. The four core objectives are the development of rail traffic,... more
Global fleets rise in value says Vessels Value
According to information provided by the research and data mining company Vessels Value (VV), the top ten global fleets have gone up in value by USD 17.6 billion. While the Greek fleet increased its total value by over USD 5 billion in one year, the total asset value of the... more
Good fuels and blockchain savings
It is a special coalition: BHP, the Japanese shipping company NYK, Good Fuels and Bloc recently delivered sustainable biofuels to the BHP-chartered, NYK-owned bulk carrier "Frontier Sky". The CO2 savings have been verified with Bloc’s blockchain fuels assurance... more
More cargo for port of Liverpool
The British retailer B&M is increasing its cargo volume into the port of Liverpool by 30% "following frustrations with delay-struck southern ports", as the port operator Peel Ports put it. After completing a successful trial at the port of Liverpool, the... more