New SSS connection in Southern Italy 
Starting on 17 October, the Grimaldi Group is further extending its operations between Sicily and Naples. A new three-weekly service will be launched for the transport of passengers and freight Naples. The ro-pax vessel “Cruise Ausonia” will be deployed, a modern unit with a... more
The quartet is full
The Singapore-based company AAL Shipping (AAL) has added further vessels to its multipurpose cargo vessel (MPV) fleet. The units are owned, not chartered. This month saw the delivery of the 2010 “AAL Gunsan” (ex-BBC America) and her sister vessel, the 2009 “AAL Geelong” (ex-BBC... more
Capacities flowing back
The Copenhagen-based maritime intelligence provider Sea-Intelligence recently leveraged the capacities deployed by the carriers with the rates in the market. In the weeks following Golden Week (weeks 41-43), carriers are taking out significant levels of capacity per week on... more
More LNG infrastructure projects
The port company Niedersachsen Ports (NPorts) is building a second LNG jetty on the German seacoast. The LNG handling facility at the Port of Stade is scheduled to go live in the winter of 2023/2024 to strengthen Germany's security of gas supply. To this end, new port... more
OOCL's revenues keep rising
Cosco affiliate Orient Overseas Container Line (OOCL), headquartered in Hong Kong, has reported its figures for Q3/2022. The revenues passed the threshold of USD 5 billion, a significant increase of 16.9% compared to Q3/2021 (USD 4.31 billion). Yet, cargo flows went down by... more
A butterfly for Morocco
CMA CGM’s short sea lines division is strengthening its links to the Maghreb. Its new butterfly Morocco shuttle service will commence as from week 45 between ports of Morocco, France, and Spain. The weekly service (starting ex Agadir on 10 November 2022) between Agadir &... more
For better navigation in Bahrani waters
The Middle East Navigation Aids Service (Menas) has signed an agreement with the Bahrain Ports and Maritime Affairs (PMA) to remove and replace three abandoned light beacons in the Northwest of Bahrain and to survey all Aids to Navigation (AtoNs) in Bahraini waters. The... more
Antwerp terminal earmarked for renovation
Nine long years lie ahead. The port of Antwerp-Bruges and PSA Antwerp have agreed on the comprehensive renewal of the quayside and facilities at the Europa Terminal. The work will be carried out in three phases and make the terminal fit for the latest generation of ultra-large... more
Igoumenitsa awards tender to a consortium
The bidding process is over and a consortium has won. It is made up of Grimaldi Euromed, Minoan Lines Shipping, and Investment Construction Commercial & Industrial, and they will now thus acquire a 67% stake in the share capital of Greece’s Igoumenitsa Port Authority. Their... more
Carl Büttner now British
London-headquartered Lomar Shipping, a maritime subsidiary of the British Libra Group, has acquired Bremen-based hitherto family-led Carl Büttner Holding (CB). The negotiations for the acquisition of the 166-year-old owner and ship management company started in Q4/2021 and... more