La Spezia pushing Eurokai Group
The Eurokai Group's results surged strongly in H1/2022, due in particular to growth of throughput in Italy’s La Spezia container terminal. The group’s revenues increased by 10.6% to EUR 131.1 million compared to EUR 117.2 million in H1/2021. Net profit for H1/2022 amounted... more
Transpacific services suspended
Geneva-based Mediterranean Shipping (MSC) is discontinuing an entire service due to reduced traffic on transpacific waters, as a "temporary" measure, the shipping line said. The Sequoia service is operated as part of the 2M Alliance jointly with Maersk's TP3 loop.... more
Esbjerg initiates offshore collaboration
The Port of Esbjerg has initiated a partnership between five key ports for offshore wind energy in Northern Europe. Besides the Port of Esbjerg (Denmark), the alliance, which was signed in Hamburg recently, includes Niedersachsen Ports/Cuxhaven (Germany), Port Oostende... more
Greater capacity on East Med and Black Sea
According to Russian media, the Delo Group is expanding capacities on its fortnightly service to and from Novorossiysk, Alexandria, Ashdod and back to Novorossiysk. The company will deploy a 630 teu vessel instead of the 466 teu unit in place. Sergey Berezkin, president of... more
More than 100,000 teu
The Canadian port of Port Saint John's throughput is taking an upturn due to the supply chain upgrades at its container terminal. The Atlantic port community recently passed the threshold of 100,000 teu in 2022, which is a record mark. Together with the terminal operator DP... more
A new Baltic-UK connection
Short sea operator Unifeeder has commenced a new weekly service from Klaipeda in Lithuania to the Port of Immingham in UK. Together with Associated British Ports (ABP), the DP World-owned affiliate will transport containerised cargo from the Baltic port. The maiden voyage saw... more
Laying the keel of an emission-free ferry
The keel of the new ferry, which Scandlines is planning to deploy on the Puttgarden-Rødby route as from 2024, has been laid. The zero-emission unit has the working name PR24 and is being built at the Turkish shipyard Cemre. The entire route is to be emission-free by 2030.... more
Port of Vladivostok posts a rise in imports
Rising cargo volumes have been flowing into the Port of Vladivostok on Russia’s Pacific Coast. According to the port press office, imports have increased by 150% over the last three months. Per month, throughput amounted to approximately 28,000 teu. The container lines that... more
Ship financing steady - so far
The Petrofin index for global ship financing has registered its first rise in eleven years according to its report which was published in mid-September. This index was established in 2008 with a reference value of 100 points. After falling to its historical low in 2020 with... more
Great works in the Port of Shanghai
A challenging project: the Port of Shanghai is investing 55 billion renminbi (about EUR 8 billion) in a new container terminal, Chinese media reported. The expansion is expected to amplify annual handling capacity to 60 million teu. The Shanghai Port Group also recently... more