ONE takes great leap in 2020
In 2020, Singapore-headquartered Ocean Network Express (ONE) generated a turnover of USD 14.4 billion, which is a significant 21.3% above the level of FY/2019 (USD 11,9 billion). Profit saw a peak with USD 3.5 billion, a multiple of the profit in the previous year (USD 105... more
Far East-UK traffic particularly hit
By the end of 2020, the cost of shipping goods from China to Northern Europe - one of the major trade routes - had quadrupled from levels at the start of the year. “The container crisis is increasing the pressure on British retailers and manufacturers at a time when... more
Circles in the sand in Brussels
Like the Port of Brussels, the Belgian football club Royale Union Saint-Gilloise cares about the environment and tries to contribute to a greener world. So the club decided to join forces with the Port of Brussels to organise the delivery of sand by river. After arriving at... more
Container flows on a stable high
The Container Throughput Index published by RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) shows a slight, seasonally adjusted increase from (revised) 121.4 to 122.6 in March. Overall, the indicator has thus been moving... more
More traffic for Cork
Naples-based Grimaldi Group in launching a twice weekly direct ro-ro service from the Irish port of Cork to Antwerp as from the second week of May 2021. The vessel deployed is the Italian-flagged ro-ro unit "Eurocargo Bari", which has a length of 200 m, a beam of... more
22 newbuilds for CMA CGM
Just like a number of other carriers, Marseilles-headquartered CMA CGM Group is ordering container vessels of three different sizes. Evergreen recently placed an order for 20 units, now the French group has contracted the China State Shipbuilding Corporation (CSSC) for 22... more
On infrastructure in Wilhelmshaven
In the port of Wilhelmshaven, Germany, state-owned port company Niedersachsen Ports is planning to spend EUR 8.9 million on refurbishing port infrastructure, significantly more than the EUR 3.9 million earmarked for the construction of new facilities in the state-owned areas of... more
ZIM pays back early
Haifa-based carrier ZIM Integrated Shipping Services is paying dues back earlier than planned, on account of its good results in 2020. The shipping company said that it intends to perform a mandatory excess cash redemption of 100% of its series 1 and 100% of series 2 unsecured... more
Crystal Pool to digitalise safety
Italian Ship Management Company Crystal Pool, which is part of the Rimorchiatori Riuniti Group, has chosen the Info Ship Quality Management solution to digitalise and standardise procedures and guidelines to act in an emergency and to report accidents or any other form of... more
Rotterdam back on track
Europe's first port in terms of volume, Rotterdam, is back on the growth path after a difficult 2020. Volumes surged by 3% in Q1/2021, to 115.8 million t. The hub’s terminals handled a rising number of containers, namely 3.7 million teu or 4.5% more than in the same period of... more