Operations at Tibar Bay port begin 
After four years of preparation, the new port in Tibar Bay is now operational. A USD 490 million investment over a 30-year period is planned for the country's first public-private partnership which is located 12 km from East Timor’s capital city Dili. The equipment includes... more
More cool chain in Antwerp
The joint venture between the Conti-Lines Group and Seafrigo has acquired a concession on the Nieuwe Westweg, near the Bevrijdingsdok in the port of Antwerp. It is planning to build a frozen food warehouse with space for more than 40,000 pallets on the approximately 60,000 sqm... more
OOCL starts to run on biofuel
The carrier Orient Overseas Container Line (OOCL) has successfully completed its test with the use of marine biofuel supplied by the energy company Chevron Singapore. The “OOCL Yokohama” is the first vessel of the carrier's fleet to use biofuel. The 4578 teu container vessel,... more
Clarksons sees "solid maritime conditions"
Maritime analyst Clarksons Research is comparably optimistic in its recent edition of its Shipping Review & Outlook report. The Clark Sea Index, the company's index for ship revenue, witnessed a small setback in September, but remains averaging USD 38,880 per day so far... more
JV for new terminal in Abu Dhabi Ports
The AD Ports Group has broken ground for a new capacity container terminal in Abu Dhabi. The CMA Terminals Khalifa Port is expected to be operational in H1/2025 and will be managed by a joint venture owned by CMA Terminals (70% ownership), a subsidiary of global shipping and... more
Containerships greets the Duke
The Port of Hamburg has been added to the ports of call in the intra-European service Balt-1. Containerships, a subsidiary of the carrier CMA CGM, has extended its network accordingly, and announced the direct service between Germany and UK, marketed as Duke. Duke is part of... more
Hapag-Lloyd strengthens presence in Latin America
Chile-based Saam, a multinational corporation providing services for trade through four divisions (port terminals, towage, inland logistics and air cargo logistics), has signed a binding agreement with the German liner shipping company Hapag-Lloyd for the sale of 100% of the... more
Stronger throughput in European ports
In August 2022, the container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) soared to 127.4 points from the 126.5 points (seasonally adjusted) registered the month before, according to... more
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