PSA Group – “commendable performance” 
PSA International and its subsidiaries handled 90.9 million teu in 2022. PSA Singapore contributed 37 million teu, and PSA terminals outside Singapore posted a total throughput of 53.9 million teu. All three figures are 0.7% lower than in 2021. PSA Group revenue (USD 5.9... more
Big investments for Hutchison Ports
Global port operator Hutchison Ports is making substantial investments in Ain Sokhna Port, Egypt's major port, and "B100", a new container terminal in the Port of Alexandria. Eric Ip, group managing director of Hutchison Ports, said that this step "reflects... more
Feasibility study at Stockholm Norvik Port
At Stockholm Norvik Port - the "perfectly located port in the heart of the Stockholm region", according to Ports of Stockholm CCO Johan Wallén - a feasibility study is being launched to establish a node for captured carbon dioxide. The goal is to increase the... more
Port Vell's transformation plans until 2024
More than EUR 86 million will be invested in public-private projects in the Port of Barcelona's Old Port, or Port Vell, in the upcoming months. Seventeen separate undertakings have been defined that will transform the city-port area from 2023 to 2024. This initial phase is just... more
Record number of ships at the Suez Canal
One week ago, on 13 March 2023, Adm. Ossama Rabiee, chairman of the Suez Canal Authority, announced that navigation through the Canal had reached the highest number in terms of daily transits: 107 vessels (25 container ships, 28 bulk carriers, 33 tankers, six car carriers, and... more
Connection to the North of England
PD Ports and the Luxemburg-based logistics services provider CLDN have announced a new long-term cooperation for roll-on/roll-off cargo, such as cars, trucks, trailers and containers. It will bring four round trip sailings per week from Belgium and the Netherlands to Teesport... more
A stronger wind on the North Sea
Blue Water Breb, a joint venture between Danish project logistics expert Blue Water Shipping and German shipping company Breb, is strengthening its cooperation with energy service provider Vestas. A new five-year contract includes terminal handling of heavy wind turbine... more
An ecological flow of alcohol 
Biofuels don’t only power transport vehicles – they themselves also have to be transported. So Sogepp, a Gennevilliers-based French storage firm for liquid goods, has developed an intermediate hub on the Seine with storage capacities to help shift low-emission fuels from the... more
Major privatisation in East Asia
In South Korea, the government-owned stakeholders have launched a process to privatise HMM, the nation’s major shipping line since the bankruptcy of Hanjin Shipping in 2016. The sellers are the state-owned Korea Development Bank (KDB) and the Korea Ocean Business Corporation... more
Yang Ming posts historic profit
The Yang Ming Marine Transport Corporation delivered a strong performance in 2022, driven by strong demand and high average freight rates in the container shipping market. During the 382nd board meeting, held on 9 March, the Taiwanese company announced new record revenues of NTD... more