LNG imports to Europe peak
The Russian invasion of Ukraine is having an impact on liquefied natural gas (LNG) transport routes around the world. According to a recent report by the maritime broker Banchero Costa, the European Union imported 22.1 million t of LNG by sea during Q1/2022, which represents a... more
Four more alternative PCTCs ordered
Four new 7,000-unit capacity pure car carriers (PCTC) with liquefied natural gas (LNG) as their main fuel are to be built at Nihon Shipyard in Tokyo and Shin Kurushima Dockyard in Imabari-shi. The vessels are the second series following four initial LNG-fuelled car carriers,... more
Certificate renewal for Jade Weser Port
Germany's Jade Weser Port Wilhelmshaven has gained Pers certification for its environmental management for the fourth time in total. Pers is the abbreviation for “Port Environmental Review System”, a tool for comprehensive analysis and monitoring of environmental management... more
Finnlines growing in these difficult times
Traffic in the Baltic Sea started well in 2022. In Q1/2022 the Finnlines Group reported revenues of EUR 157 million (124.1 million in Q1/2021), an increase of 27% compared to the same reporting period in the previous year. Cargo volumes also surpassed 2021’s level and revenues... more
Laurels for port software provider in Santos
The software firm T2S Tecnologia has received a ‘Brazil Quality Summit 2022’ international award, in the category ‘Brazilian company of the year’. The honour recognises the 19 years of sterling IT services focusing on the port sector provided by T2S. The award will be handed... more
U-Ming Marine investing for Taiwan
The U-Ming Marine Offshore Company (Umo), a Taiwanese joint venture, has acquired two second-hand crew-transfer vessels (CTVs). The JV between the U-Ming Marine Transport Corporation, established in 1984, and World Marine Offshore, from Denmark, completed their reflagging... more
Cosco still doing fine?
The first quarter of 2022 could be the calm before the storm for Cosco Shipping Ports. Throughput moved sidewards compared to Q1/2021, amounting to 30.3 million teu, a slight increase of 0.3%. Yet, revenues surged by 21.4% to USD 329.7 million on the back of "effective... more
Stockholm increases throughput in first quarter
The Swedish Ports of Stockholm performed well in Q1/2022. Container and bulk throughput soared strongly by 16 and 19%, respectively, compared to Q1/2021. Ro-ro transport saw a rise of 73,000 t of freight, up 4% from Q1/2021, due to the introduction of two new ro-ro routes.... more
A good year for international agent
The Pérez y Cía. Group, which was founded as a maritime agent in 1853 in Santander, Spain, has reported its results for 2021, posting revenues of EUR 377 million and an ebitda of EUR 56 million. After a management reshuffle in 2019, the group has diversified its operations,... more