More volumes, revenues and vessels for CMA CGM
Fleets around the world are growing. That's also the case for CMA CGM, which recently reported its results for Q2/2021. So far, 14 new owned vessels and 32 second-hand vessels were added to the fleet in 2021. Out of these, eight new owned vessels, including the last five of its... more
Funding for new terminal at Trois-Rivières
In the Canadian Port of Trois-Rivières, the Terminal 21 construction project has taken the next step with the confirmation of public funding of CAD 22.5 million from the Ministère des Transports du Québec under the Advantage St. Lawrence programme. Chantal Rouleau, minister... more
Gradual recovery in Hamburg
Throughput in the Port of Hamburg picked up in H1/2021: at 63.5 million t, it grew by 3.8% compared to the same period last year, but is still 8.5% below the level of H1/2019 (69.4 million t). Container handling in H1/2021 amounted to 4.3 million teu, a growth rate of 5.5%. 4.7... more
Port of Brussels' comeback
The inland Port of Brussels has recovered quickly since the lifting of almost all sanitary restrictions. Freight traffic in the first half of the year rose by 11% to 3.65 million t of goods compared to the first six months of 2020 (3.28 million t in H1/2020). Building... more
Empty containers: filling the gaps
Hamburg-based shipping company Hapag-Lloyd has ordered another 75,000 teu dry boxes. The containers will be manufactured in China and delivered to Hapag-Lloyd in the course of Q4/2021. Since the beginning of 2020, Hapag-Lloyd has ordered no less than 625,000 teu. The carrier... more
Reliability at a stable low, Sea-Intelligence says
Sea-Intelligence, a Copenhagen-based maritime intelligence provider, has updated its schedule reliability figures up to and including July 2021. The report covers the relevant data from 34 trade lanes and more than 60 carriers. While schedule reliability is not getting any... more
Container terminal in Monfalcone sold
Italian infrastructure fund manager F2i has purchased a second terminal in Monfalcone in Northern Italy. The Compagnia Portuale Monfalcone (CPM), operating in the port of Monfalcone, comolements the port operations already managed in Carrara, Livorno, Mestre and Chioggia, as... more
More money for Nyshex
Nyshex witnessed another funding round with an additional USD 15 million. The money came from existing investors. The investment was led by New Road Capital Partners, along with Collate Capital, Blumberg Capital and the New York Angels. The platform's technology is used by... more
Mixed picture for global container throughput
The container throughput index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose by 1.6 points (seasonally adjusted) to 125.1 in May, according to the current flash estimate. The value of the Chinese ports'... more
DP World's expansion paying off so far
The first six months of 2021 were good to DP World. The port, terminal, logistics and short sea operator generated revenues of USD 4.94 billion (+21.3%), while net profit for the period rose to USD 585 million (+75,4%). In volumes, DP World handled 38.6 million teu over the... more