Freeport status on film 
Since DP World’s terminals at Southampton and London Gateway were both part of bids which were awarded freeport status by the British ministry of transport in early March, the Dubai-headquartered company published a film to illustrate its operations. Over the last decade, DP... more
Replacements in Liverpool
The British Peel Ports Group has placed an order for two new Liebherr ship-to-shore container cranes for its facility at the Port of Liverpool. They will replace two of the existing STS cranes, which will be relocated to Peel Ports’ Greenock Ocean Terminal at Clydeport. The... more
Ports worldwide stronger than estimated
In February, the container throughput index of the RWI – Leibniz reported a small, seasonally adjusted rise from (revised) 122.2 to 123.0. The North Range Index, which is an indicator for economic development in northern Europe and Germany, has decreased slightly, from... more
More mega ships for Evergreen
Taiwan-headquartered shipping company Evergreen Marine plans to build 20 new container vessels with a capacity of 15,000 teu each. According to press reports, the carrier will invest between USD 115 and USD 130 million per vessel. For 20 newbuilds, the total investment... more
Arctic design for the Nordic route
Although a number of big carriers have turned down the idea of sailing the Northern Route from Asia via the Arctic to Europe, this option is still on the table. Nevertheless, very few container carrying ships could sail Arctic waters, as such voyages also require ice-classed... more
A good year for Yang Ming, too
Taiwan-based Yang Ming Marine has reported its 2020 annual financial results. Consolidated revenues increased by 1.4% to NTD 151.28 billion (USD 5.11 billion) last year (2019: 5.03 billion), while handled volumes amounted to 5.07 million teu. Yang Ming’s profit after-tax... more
DP World invests in Peru
The terminal of UAE-based DP World Callao in Peru, the country's major container port, is investing USD 333.6 million in its facilities to expand the current pier from 650 m to 960 m, increase the storage area to 303,000 hectares and install two new quay gantry cranes. With... more
HMM's maiden on tour
The HMM “Nuri”, the first of eight 16,000 teu-class newbuild containerships, started its first voyage from the port of Busan in Korea. The vessel flying the Liberian flag is deployed on the Far East Europe 4 (FE4) route under THE Alliance’s product plan, with the following... more
An insurer’s view of Suez
Captain Rahul Khanna, the global head of marine risk consulting with Allianz Global Corporate & Specialty (AGCS), has assessed the salvage of the stranded 'Ever Given' and the consequences for shipping. In addition to the rise in traffic volumes – vessels’ container... more
Get to France - via Barcelona
Synergy, logistics services provider of port and terminal operator Hutchison, has consolidated its intermodal service between Hutchison Ports BEST Terminal and southwestern France. This service was introduced in February 2020 in cooperation with the Port of Bayonne.... more