HHLA places Chinese on board
In Hamburg, carrier Cosco Shipping Ports (CSPL) has acquired a 35% minority stake in the container terminal Tollerort (CTT). The seller is Hamburger Hafen und Logistik AG (HHLA). CSPL is a Hong Kong-listed terminal operator and part of Cosco Shipping Group. Financial details... more
K Line's new seven sisters
The Japanese carrier K Line plans to run its next generation of eight 7,000 units class car carriers fuelled by LNG from its FY/2023 until FY/2025. The liner's first LNG-fuelled vessel is the “Century Highway Green”, which was delivered in March 2021. The car carriers will... more
Kuenz: new basis for Asia-Pacific expansion
The agreement has been inked: Melbourne-headquartered Port X Group will exclusively represent Austria-based Kuenz container handling cranes in Australia and New Zealand. A new office will be opened in Singapore to support its Asia-Pacific operations. Managing director David... more
CMA CGM: cross-Channel plans
Marseilles (France)-based CMA CGM Group is investing EUR 25 million in Brittany Ferries. This includes EUR 10 million in quasi-equity. The French shipping group will use available cargo space on board of Brittany Ferries’ services to UK, Ireland and the Iberian Peninsula and... more
Long-distance sea transport to Stockholm
Cargo arriving by sea on a new route via the Ports of Stockholm has environmental advantages. Recently, the cargo that the shipping company Thorco Projects’ cargo unloaded at Frihamnen Port came all the way from Asia. 400 t of Thorco Projects cargo that arrived at this port in... more
Bremenports diverts shipping traffic
Bremen‘s North Lock will be closed to shipping for one and a half months due to renovation work. During this time, maritime traffic will be directed via the Kaiserschleuse. The renovation is scheduled to be completed in November. The wheels and rails of the side and top... more
Major investment in London Gateway
Building a fourth berth at its London Gateway logistics hub is DP World's next project. The GBP 300 million (EUR 351 million) investment - on top of the GBP 2 billion (EUR 2.34 billion) DP World has invested in its operations in Britain over the last decade – is also an answer... more
Third investment in e-commerce
Denmark-based shipping company Maersk has now struck in Portugal. After the recent takeover of Visible SCM and B2C, the purchase of the Portuguese provider Huub will be the next step. Again, e-commerce is the driving force. Huub, a Portuguese cloud-based logistics start-up,... more
Jaxport's employee receives patriot award
The US military, more specifically, the office of the secretary of defence, recently honoured a Jaxport asset manager for his commitment. Brandon Blanton received the laurels for his outstanding support of fellow employee seaman Matthew Reed during Reed’s service in the Navy... more
Five go for SIX
Singapore-based carrier Pacific International Lines (PIL) has launched a new service. The South China India Express (SIX), will offer weekly direct sailings connecting ports in South China and North Vietnam to India’s West Coast. Effective from 22 October 2021, the service... more