A year of growth for Thessaloniki 
In a successful FY 2023, Thessaloniki Port Authority (THPA) saw its consolidated revenue increase to EUR 85.9 million. The container terminal led the growth with a 12% rise in revenue to EUR 59.8 million. Significant developments included the construction of the... more
Covid's heavy toll on container shipping
The global container market saw a subdued growth of only 1.5% from 2019 to 2023, reaching 173.5 million teu, which was 24.6 million teu below the potential without the Covid-19 pandemic, according to Niels Rasmussen, chief shipping analyst at Bimco. The pandemic severely... more
A hydrogen corridor from Bilbao to Amsterdam
At a high-profile meeting in Amsterdam, which was held in the presence of the kings of the Netherlands and Spain, the port of Bilbao showcased its role in developing a European renewable hydrogen corridor with the port of Amsterdam. The aim of the initiative is to advance the... more
Europe's first ammonia and LCO2 carrier
HGK Shipping is spearheading a project in inland shipping by developing Europe’s first gas tanker designed for transporting cold liquefied ammonia and LCO2. Named "Pioneer", the vessel will feature new tank and loading system technologies enabling it to carry gases... more
An eco-friendlier service
Global shipping company Ocean Network Express (ONE) has introduced One Leaf+, a new service designed to help customers reduce their carbon footprint and improve transparency in their shipping operations. The service provides clients with alternative fuel options and third-party... more
Enhancing car carrier operations in Japan
Mitsui O.S.K. Lines (MOL) has partnered with Japan Cargo Tally Corporation (JCTC) to introduce a new system, J-Carps, to enhance the efficiency and capacity of car carrier operations in Japan. Historically, shipping companies and JCTC used separate systems to track cargo loads,... more
Security concerns raise shipping’s CO2 emissions
Because of the attacks by Houthi militants in the Red Sea, the region has become a no-go area for international shipping since January 2024. The German navy's frigate “Hessen” is stationed there to protect cargo ships, yet vessels are advised to avoid this route. Most ships... more
New terminal marks next chapter for Duisport
Duisport Group reported a successful 2023, with an ebit of EUR 24.1 million, slightly up from EUR 22.3 million in 2022. The group’s total performance, including strategic participations, was EUR 331.5 million, nearly matching the previous year's EUR 332.5 million. Container... more
Advanced dynamic positioning system launched
Wärtsilä has launched a new propulsion solution to boost the performance and efficiency of offshore vessels, ferries, and tugs. The package includes Wärtsilä’s WST-E electric steerable thruster and WST-R retractable thrusters, combined with an upgraded Pro Touch remote control... more
ICTSI wins bid to modernise Iloilo port
International Container Terminal Services, Inc. (ICTSI) has officially been granted a 25-year concession to manage and develop the Visayas Container Terminal (VCT) in Iloilo City, Philippines. The aim of the deal is to enhance the economic prospects of the Western Visayas region... more