Newest low-water ship now in operation 
HKG Shipping (Cologne) and materials manufacturer Covestro commissioned a new low-water vessel earlier this month. "Courage" is to supply Covestro’s customers with finished products from its sites in North Rhine-Westphalia with immediate effect. The identically... more
Savannah increases national market share
With over 2 million teu for FY/2022 ending 31 December 2022, the Port of Savannah handled one out of every 8.8 loaded teus in USA. This was the highest market share Georgia’s deepwater port has ever achieved. GPA’s share of the US container trade posted an increase of 0.7%.... more
Grimaldi signs the Greek deal
The majority stake of 67% of the share capital of the Igoumenitsa Port Authority for a total price of EUR 84.17 million goes to the joint venture established by the companies Grimaldi Euromed, Minoan Lines and Investment Construction Commercial and Industrial (Ekev). The... more
Seafrigo snaps up CNMP
In the French port of Le Havre, the CNMP Group (Compagnie Nouvelle de Manutentions Portuaire) is changing hands. The Seafrigo Group, which specialises in temperature-controlled logistics worldwide, has received the green light from the authorities for the takeover. CNMP is... more
Developing and operating another port in Egypt
AD Ports Group has signed several agreements with Egyptian authorities for multi-purpose, ro-ro and cruise terminals, as well as logistics services in key Red Sea and Mediterranean ports. A 30-year concession agreement signed with the Red Sea Ports Authority will enable the... more
Orca AI, Liberty and ARC collaborating
The Israel-based maritime technology company Orca AI has made a deal with Liberty Maritime Corporation (Liberty) and American Roll-On Roll-Off Carrier (ARC) to set up a platform which protects ARC’s entire fleet and Liberty’s ro-ro vessels from potential dangers. The... more
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