Port of Kapellskär won in 2020
2020 was a good year for the Swedish Port of Kapellskär, Ports of Stockholm’s largest freight port. Despite the worldwide pandemic, freight volumes in 2020 increased 9% compared to the previous year. Freight volumes at Port of Kapellskär are continuing to rise. In 2020, a... more
At the gates of London
You can move a great distance whilst staying in the same corporation, as Dutchman Ernst Schulze did in September 2019, moving from Ecuador to become CEO of DP World in the UK. He spoke to Christian Doepgen about developing ports, logistics parks and intermodal projects there. more
ONE's great leap
Singapore-headquartered Ocean Network Express has published its results for its Q3, which covers the period of October to December 2020. ONE’s fiscal year runs from April 1 to March 31. The quarter saw a particularly strong momentum with a profit of USD 944 million (5... more
New terminal in Alexandria
The Egyptian authorities of the Port of Alexandria plan to enter into a long-term partnership with CMA CGM to operate and manage Pier 55. The negotiations in Egypt were headed by CMA CGM chairman and CEO Rodolphe Saadé. In total, the new container terminal will cover an area... more
Carrier reliability hits rock bottom
The Copenhagen-based maritime intelligence provider Sea-Intelligence has published the figures on carrier schedule reliability in December last year. In its latest issue of the Global Liner Performance (GLP) report, CEO Alan Murphy spoke of a "record-low 44.6 pc in December... more
A fresh breeze for Helvetia
'Trudy' and "Helvetia', the deep-sea vessels owned by the Swiss Confederation, have been taken over by the Briese Schifffahrt Group. The transaction totalled CHF 15 million. Many investors resident in Switzerland acquired a direct participating interest in the... more
QSL expands in North America
The Quebec-headquartered terminal operator QSL has acquired Empire Stevedoring. Based in Montreal, Empire specialises in port terminal operation, stevedoring, marine services and transport. The takeover will increase QSL's geographic footprint in the Canadian and the US... more
Waving the performing flags
The International Chamber of Shipping (ICS) has published the latest Flag State Performance Table (2020/2021). According to its findings, the largest flag states – including the Marshall Islands, Hong Kong (China), Singapore as well as the Bahamas and Cyprus – continue to... more
Big Data for K Line's fleet
K Line and Ship Data Center (Ship DC) have agreed to share operation data of all the vessels of its fleet that are equipped with “Kawasaki integrated maritime solutions” via the Internet of Ships Open Pplatform (IoS-OP) promoted by Ship DC. After a trial with data collected... more
Carrier HMM to be sold
It was the state of South Korea that invested heavily in HMM, at the time still Hyundai Mechant Marine, through its subsidiary Korea Development Bank (KDB). The state-owned unit, amongst others, bought up to KRW 1 trillion (USD 883.8 million) of bonds in 2018 from HMM, so... more