A new connection to Libya 
It was in April 1975 when the vessel "Vento di Ponente" started its first voyage to Tripoli and Bengasi carrying 175 containers. Since then, Tarros Group has ensured an ongoing service between both markets. Now the group is adding new bi-weekly service, Italy Libya... more
Jumbo and SAL bundling forces
Heavylift and project cargo companies Jumbo and SAL are forming a joint venture. SAL is headquartered in Germany and Jumbo in the Netherlands. They will be joining forces in combining a large part of their fleets, engineering and commercial activities. In a press release,... more
Russian Global Ports prevails
Russian terminal operator Global Ports has reported its results for 2020. Consolidated marine container throughput went up by 6.6% year-on-year to more than 1.5 million teu against a 0.8% year-on-year decline in the Russian container market over the same period. Marine Bulk... more
ICTSI on par with 2019
The Manila-based operator International Container Terminal Services Inc (ICTSI) has reported its audited consolidated financial results for 2020. Its revenues rose by 2% to USD 1.5 billion (USD 1.48 billion in 2019), its ebitda by 6% to USD 876.8 million (USD 830,1 million in... more
An index for LNG units
An index for the seaborne trade in liquified natural gas (LNG) went live this week. The Baltic Exchange introduced it on the basis of carriers burning LNG as their primary fuel (and not marine fuel oil or marine gas oil).The new index, with the acronym BLNGg, will be published... more
Sweden turning from land to sea
The Swedish government wants to drive the ecological transformation in the country further. Shipping companies are eligible to apply for an environmental compensation bonus to transition from overland to maritime transport. It was revealed at the end of February that three of... more
Hamburg Süd sells entity
Hamburg Süd is continuing to focus its business on its container transport and logistics activities, in line with the Maersk’s policy. Thus the London-based ATPI Group, which offers corporate travel management services, has now taken over the line’s travel agency subsidiary... more
Seasonal upgrade for PAD
CMA CGM and Marfret will enhance their joint Europe-Australasia Panama Direct (PAD) as from the end of March. The frequency will be increased from fortnightly to weekly, with CMA CGM providing eleven vessels and Marfret one unit. The rotation will remain the same. Ports of... more
UK selects first eight freeports
In his annual budget announcement, British chancellor of the exchequer Rishi Sunak said that eight freeports will be established in England, with Teesside and the Solent amongst the winners. The first wave of freeports includes successful bids from the Thames (including London... more
More than 100,000 teu at Liège
The Autonomous Port of Liège, Belgium, witnessed a new mark in 2020 for the volumes of river container traffic. With 115,921 teu and an increase of 20% (+19,701 teu), the container terminals of the Port of Liège thus recorded their eighth consecutive increase. Total traffic... more