ICC decides for DIT 
The ICC Arbitral Tribunal ruled on 13 November 2020 that a new call for tenders must be launched for concessions for the port of Douala in Cameroun - including the port and terminal operator Douala International Terminal (DIT), a subsidiary of APMT and Bolloré Groups. The... more
More handling capacity on the Red Sea
In Jeddah, the Red Sea Gateway Terminal (RSGT) has taken delivery of two new ship-to-shore (STS) cranes, and ten hybrid-rubber-tyred gantry cranes (RTGs) manufactured by ZPMC in Shanghai. These are further steps in the planned expansion of Jeddah Port's strategy to double... more
Essential multimodal 
Transport links are one of the key element that keep goods flowing in a port. The German Baltic Sea port of Mukran recently added further shortsea, inland barge and rail links to its network, which reaches as far as Sweden and China. more
Yang Ming returns to profit
Taiwan-based Yang Ming Marine Transport Corporation has reported its figures for Q3 of its financial year, and the first nine months of the year show a return to profitability in 2020.Consolidated revenues for Q3 totalled NTD 38.8 billion (around USD 1.3 billion), up by 2.83%... more
A new Mexico–Florida shuttle
ZIM is launching a new Mexico–Tampa shuttle service (MTS9) to commence in mid-December, expanding the company's regional network and providing more options for customers in Mexico and the USA. The MTS9 will deploy a 1,000-teu vessel on a weekly, fixed-day schedule between... more
HL shows steady performance in 2020
As forecast, the Hamburg shipping company Hapag-Lloyd achieved revenues of USD 10.5 billion after the first nine months of the year, almost on par (-1%) with the same period in 2019. Yet, ebitda climbed by 20.4% to more than USD 2 billion. While ebit rose by a significant... more
Sea Intelligence on demand in Q4/2020
The Copenhagen (Denmark)-based maritime consultancy "Sea Intelligence" recently analysed the latest demand data for September 2020 published by Container Trade Statistics (CTS). Global demand grew by 6.9% in comparison to September 2019, with positive growth in all... more
Eurogate in transformation
The management of the Eurogate has initiated a comprehensive transformation programme with the aim of achieving sustainable improvements in productivity and cost reductions of EUR 84 million p.a. across the group. This programme is to be implemented in full by 2024. From... more
THE Alliance till the end of 2020
The alliance of Hapag-LLoyd, HMM, ONE and Yang Ming, called THE Alliance, has announced service adjustments to better match resources and "fluctuating demand" of the global shipping market. Between Asia and North Europe, the FP1, FP2, FE2, and FE3 will maintain... more
UN shipping report for 2020 gloomy
In its shipping report "Review of Maritime Transport for 2020", Unctad shows the following picture: In 2019, the global fleet grew by 4.1% to approx. 98,000 commercial vessels while maritime trade volumes expanded by 0.5% reaching a total level of 11.08 billion t,... more