Boluda's acquisition in Cádiz
Boluda Port Services, the Boluda Corporación Marítima division, which provides mooring, supply and barge/launch services, has acquired 100% of the shares of the company Amarradores del Puerto de la Bahía de Cádiz. Financial details were not disclosed. In a rather unusual... more
Shippers go to the barricades
Shippers recently found strong words for situation of the shipping market and the lack of mechanisms to resolve it. Denis Choumert, chairman of Global Shippers’ Alliance (GSA) and the European Shippers’ Council, spoke of "immense impairments" and sufferings of... more
Regular Asia-Americas service
The Singapore-based AAL Shipping (AAL) has decided to commit to one sailing per month between Asia and the Americas in 2021. With last year's experience of carrying a much broader portfolio of cargoes into Central America, United States Gulf of Mexico (USG), and the United... more
Swedish "Götheborg" sets sails again
The Swedish Greencarrier Group, a logistics company with a global focus and a strong presence in China, has acquired all shares in Svenska Ostindiska Companiet (Soic) from foundation Ostindiefararen Götheborg and also takes over the ownership and responsibility for “The Swedish... more
MAJ warns of a seafarers' exodus
The Maritime Authority of Jamaica (MAJ) expressed its growing concerns about future seafarer shortages if the crew change crisis should continue. In a media release, the possibility of "exhausted crew choosing to leave the shipping industry rather than risk another long... more
A coalition for ten LNG vessels
While the value of the shares of Zim Integrated Shipping Services dived even below the price of USD 15 per share after the company's IPO at the NYSE in the end of January with an amount of 14.5 million sold shares (less than the 17.5 million shares planned), they have now gained... more
Endless summer?
Early in Q1/2021, the Hamburg-based shipping company Hapag-Lloyd expects a significant higher profit than in the same quarter last year. In a media release, the carrier spoke of a "very good start" in 2021 due to a high demand for container transports and further... more
Wallenius SOL calling Lübeck
The Wallenius SOL (WSAB) shipping company has added Lübeck (LHG) to its roundtrip between Finland and Antwerp on the northbound route. Once a week, the vessels "Fionia Sea" and "Jutlandia Sea" take turns to call at the Skandinavienkai terminal. The... more
Hutchison Ports invests in Saudi Arabia
In Saudi Arabia, the Royal Commission in Jubail and Yanbu and Hutchison Ports have inked an agreement to invest and operate JCPDI Port, which consists of multipurpose terminals within the Jazan City for Primary and Downstream Industries (JCPDI). Due to the pandemic, it was... more
More services call London Gateway
Two new major international shipping services, linking the key economies of western Europe with the eastern Mediterranean, North Africa and Russia, have opted for London Gateway as their new UK port of call. The first is the Sealand-Maersk’s North Sea service, which connects... more