Hapag-Lloyd buys 40% of Baxi terminal operator
After an agreement with an affiliate of Bain Capital Private Equity, which held a 35% stake in the Indian port operator J M Baxi Ports & Logistics (JMBPL), Hapag-Lloyd completed its acquisition of a 40% shareholding in JMBPL. The transaction has now been approved by the... more
Positive outlook for Port of Antwerp-Bruges
In a complex geopolitical and macroeconomic environment, the total throughput of Port of Antwerp-Bruges (Belgium) amounted to 68.7 million t in Q1/2023, which is a drop of 4.5% compared with the same period last year. But for Jacques Vandermeiren, CEO Port of Antwerp-Bruges,... more
Swimming for a winning team
Winning Logistics in Guinea, a West African branch of a global logistics provider headquartered in Singapore, has ordered two Konecranes Gottwald cranes on barge. After on-site commissioning in Q3/2024, Winning will operate a total of ten of such cranes from the Finnish... more
More space for containers in Vladivostok
Commercial Port of Vladivostok (CPV), a company of Fesco Transportation Group, is planning to increase its total storage area for containers by 20% in 2025. It has launched first stage of this expansion with a new production site called "Warehouse 81" covering 13,500... more
Grimaldi takes over new G5-class vessel
Naples-based Grimaldi Group has taken delivery of the "Great Antwerp" at the Hyundai Mipo Dockyard Company in Ulsan (South Korea). This newbuilding is one of a series of ships designed to respond more efficiently to the demand for quality transport services on deep... more
First maritime container terminal in Michigan
At the beginning of April 2023, the port of Monroe welcomed Gretchen Witmer, governor of the state of Michigan, to a tour and a press conference. She was the first state governor to visit a port in Michigan in an official capacity. At this occasion, the port announced its... more
Focus on the future
The Grimaldi Group investing in structure and fleet. The Neapolitan shipping line is continuing its investment programme in 2023. Five PCTC units are set to fortify the group’s services between Europe, Africa and the Middle and Far East. Furthermore, the acquisition of strategic... more
VF 8 vehicles from Vietnam to North America
Vinfast, a member of Vingroup, has announced the shipment of the second batch of 1,879 VF 8 vehicles to USA and Canada. The vehicles destined for USA are expected to arrive in May 2023, with the rest to reach Canada in June 2023. The vessel “Silver Queen” loaded its cargo... more
"Sunflower Murasaki" fuelled by LNG
The LNG-fuelled ferry (liquefied natural gas) “Sunflower Murasaki”, the second of Japan’s first two vessels of this type, entered service on 14 April 2023. It is owned by MOL and operated by its group company Ferry Sunflower. Beyond offering greater transport capacity and... more
Oceanus launches new direct liner service
The new service links Florida’s Seaport Manatee, Texas’ Port Freeport with key ports of Veracruz in Mexico and Cartagena in Colombia, with direct liner sailings. Oceanus Line’s vessel “X-Press Cotopaxi” has a capacity of 1,740 teu and operates anticlockwise: the vessel... more