No diversity for brands
A.P. Moller–Maersk is restructuring the brands in its transport and logistics portfolio. In a press release, the group spoke of its "intention to move towards a singular, unified brand by integrating Maersk brands such as Hamburg Süd and Sealand, among others."... more
Enlarging the Manila terminal
The Manila International Container Terminal (MICT), the flagship of ICTSI, a port and terminal operator headquartered in the Philippines, is growing. The expansion of Berth 8 will increase the terminal’s capacity from 3.3 million teu to 3.5 million teu. Part of the project... more
MSC opts out of JNPT
The Mediterranean Shipping Co's (MSC) Indus 2 service no longer calls at Jawaharlal Nehru Port Trust (JNPT). Indian exporters/importers are now obliged to opt for the single MSC direct call at Mundra Port. MSC added the eight-vessel, weekly Indus 2 to its network in August... more
More LNG projects in Japan
The Japanese shipping company MOL, MOL Ferry, Japan Petroleum Exploration (Japex) and Hokkaido Gas recently agreed on a joint supply project of LNG fuel for two newbuilding LNG-fuelled ferries. They will be deployed in each port on the Oarai-Tomakomai route operated by the MOL... more
US transport software provider sold
The Australian company Wise Tech Global, the developer of the logistics software Cargo Wise, has acquired Envase Technologies. The US company provides transport management software for intermodal trucking, drayage (container haulage) and landside logistics in North America. The... more
2M ends - in predisposed obedience?
Maersk has published a press release saying that the alliance 2M is set to end in January 2025, speaking of "a thorough evaluation process" and a mutual agreement with its partner MSC. Besides wishing to minimise possible disruptions caused by the termination of the... more
Hapag-LLoyd on the trail of Vasco de Gama
Hapag-Lloyd strikes in India. The Hamburg-based carrier has signed an agreement to acquire 35% of the shares of J M Baxi Ports & Logistics Limited (JMBPL). Seller is a Bain Capital Private Equity affiliate. In addition, Hapag-Lloyd agreed with JMBPL and its promoters,... more
New tenders for concessions in Bilbao
A new opportunity on the Iberian Peninsula is on the horizon. The Port Authority of Bilbao has decided to call for tenders for the construction and operation of a container terminal on the Central Quay Santurtzi. The Central Quay is the last large area of the port of Bilbao... more
Mixed results for Strasbourg in 2022
The Ports de Strasbourg (PAS) on the Rhine saw its throughput dropping to 7.6 million t in 2022 compared to 2021. Overall results were affected by a 8.9 % decline in river traffic, due to low water periods in the summer and the impact of the war in Ukraine, which led to a... more
Ordering fifteen new units in three months
Grimaldi has extended the agreement that try Holdings CMI) in late October 2022. In addition to the construction of five new PCTC (pure car & truck carrier) vessels, the group has exercised the option for another five units. With this extension, the Neapolitan company... more