CMA CGM serious about air division 
A long-held dream has come true. The French shipping group CMA CGM Group is establishing its own specialised airfreight division.The carrier's first move to buy a 30%-stake in the Group Dubreuil, owner of the long-haul airlines Air Caraïbes and French Bee, didn’t materialise.Now... more
HMM also scores
Like the other big carriers, HMM took advantage of the cargo boom in the pandemic year of 2020. The South Korean group, formerly known as Hyundai Merchant Marine, was able to achieve an operating profit in 2020 of USD 831.1 million, a rise of more than USD 1 billion compared to... more
Antwerp and Zeebrugge embrace
It is a unification from A to Z. The cities of Antwerp and Bruges have reached an agreement to merge their respective ports. The unification process is expected to take one year. The ports will operate under the double name of Port of Antwerp-Bruges in future. Antwerp has... more
Containers in Cork unaffected
The southern Irish Port of Cork has reported its results for 2020. Total traffic passing through the port was down by 2% to 9.2 million t, due to "the challenges posed by Covid-19 and the cancellation of cruise calls to Cork in particular", as the port said in a media... more
Jaxport bounces back too
The global recovery of the automobile manufacturing industry is also driving growth in the Jacksonville Port in Florida (Jaxport). In the first quarter of its fiscal year, which started in October 2020, the port’s vehicle volumes grew 7% year-over-year compared to the first... more
Michelin banks on wind transport
Michelin recently signed a transport commitment with Neoline as a test initiative to help decarbonise the group's logistics operations. The commitment concerns the trans-Atlantic trade on cargo ships with tyres loaded in containers from Halifax (Canada) to Saint-Nazaire -... more
Hapag Lloyd turns mega
It’s no mean feat: carrier Hapag-Lloyd is breaking new ground in financing by securing USD 889 million in loans for its next projects. The Hamburg-based shipping company was able to conclude two debut transactions according to the Green Loan Principles of the Loan Market... more
New service links Turkey with Spain
Ekol Logistics has introduced a new intermodal connection between Turkey and Spain. The Denmark-headquartered DFDS operates the ro-ro services that Ekol plans to use in this connection. The company will use Izmir’s Port of Alsancak in Turkey and Port of Tarragona in Spain.... more
Enhancements at Felixstowe
The British Port of Felixstowe has completed its upgrade in order to make Hutchison Ports fit to accommodate larger ro-ro vessels. The redesign of facilities at the port includes the lengthening of No.3 ro-ro berth and the replacement of the previous hydraulic ramp at No.4 ro-ro... more
Alternative units for open seas
Given the limited space in a tight sea freight market from China to Europe, Geodis has launched a number of services with alternative units. The first, a 1,000 teu capacity vessel, is scheduled to arrive in Hamburg on 28 February. This ship is carrying a total of 435 feu for... more