Wan Hai sets new sails 
Shipping company Wan Hai Lines recently reported its results for Q1/2021. Wan Hai's revenue was up a significant 114% from Q1/2020, to TWD 38.62 billion (USD 1.37 billion), while net profit took a great leap of 157% to TWD 14.78 billion (USD 526.09 million). The Chinese... more
Memphis blockage of Mississippi over 
The Mississippi River, which was blocked near the International Port of Memphis till Friday, has been reopened for barge traffic. The US Coast Guard emphasised that the shutdown of the waterways, which caused a backlog of more than 1,000 barges, is now over. Again it was a... more
Less emissions in ro-ro classes
An in-depth study, validated by Rina (Registro Italiano Navale), has been published on the energy efficiency index of ro-ro ships belonging to different classes. An assessment which evaluated CO2 emissions in terms of km per distance (nautical miles) and cargo capacity... more
Carriers sponsor climate change campaign
The skipper Boris Herrmann, whose Team Malizia gained notoriety in 2020 when he competed in the Vendee Globe 2020 ocean race while carrying the message “A Race We Must Win” on the sails of his yacht, signed an official partnership contract with carriers Hapag-Lloyd and Kuehne +... more
MOL Plus makes first strike
Founded in late April 2021, MOL Plus, a venture capital fund (CVC) firm owned by Mitsui O.S.K. Lines (MOL) has now chosen its first investment. The investment pool is JPY 4 billion (USD 36 million). The CVC’s first project is the “Real Tech Fund”, operated by Real Tech... more
Ikea banks on barges in Paris
Having won a bid for project sites organised by Haropa-Ports of Paris, Ikea France is setting up a logistics warehouse at Limay. The publicly owned site, approximately 160,000 sqm, will enable the Swedish retailer to develop a customer distribution centre covering around 72,000... more
HHLA: a mixed bag in Q1/2021
Q1/2021 had its ups and downs for Hamburger Hafen und Logistik (HHLA). The group's ebit rose by 26.4 % to EUR 46.3 million mostly due to high storage fees caused by continued shipping delays in Hamburg as well as rising container transport volumes. Container throughput fell... more
A rush to US ports
The interruption of liner services all over the world, caused by delayed deliveries and a downward spiral in production due to the pandemic, have had an extended impact. Many goods are now arriving in the USA – a trend that is further exacerbated by growing online trade. more
More cranes in port of Barcelona
BEST, a Hutchison Ports terminal in Barcelona, has taken delivery of two super post-panamax gantry cranes. They offer an outreach of 24 rows and a height under spreader of 47 m (with the possibility of a further 5 m increase), thus enabling them to work with up to ten heights on... more
Expanding facilities in port of Hirtshals
The Port of Hirtshals, a multipurpose hub on the coast of Skagerrak at the northern tip of Denmark, is adding further quay areas and ro-ro berths, thus improving its loading/unloading opportunities. The expansion includes commercial land and parking areas for trucks. The... more