Berthing works in Jaxport about to finish 
The project of berth enhancements in the port of Jacksonville, Florida, Jaxport, continues to make progress. The latest phase of a total investment of USD 109 million for enhancing the existing SSA Jacksonville container terminal at the port’s Blount Island marine terminal.... more
Container options on the Mississippi
A new option in inland navigation on the Mississippi is currently under consideration in the USA. A project group recently designed a container-on-vessel (COV) service which is expected to reduce freight transportation costs and increase efficiency and reliability for shippers.... more
Trieste connects north and south 
The northern Italian port of Trieste is cooperating with a German enterprise to open a terminal that will serve a maritime / railway system. more
DP World re-performing in Q3/2020
The activities of the Dubai-based maritime group DP World gained momentum in the third quarter of this year. The group's terminals handled 18.3 million teu across its global portfolio of container terminals in Q3/2020, with gross container volumes rising by 3.1% in comparison to... more
Columbia and Premuda join forces
Could it be the beginning of a wonderful friendship? The Italian ship-owning Group Premuda, controlled by Pillarstone, a financial platform supporting companies in temporary difficulty, has found a partner in Columbia Shipmanagement (CSM). Under the joint venture agreement,... more
Two CTVs from Singapore
Singapore-based shipbuilder Strategic Marine has inked a newbuild contract for two 27 m crew transfer vessels (CTVs). The contract includes an arrangement with financial investors providing WEM with an end-to-end package from shipbuilding construction financing to post-delivery... more
Margins to stay, says Fitch Ratings
According to the rating agency Fitch, container shipping spot rates have continuously risen in recent months, despite a significant reduction in demand for maritime transport due to the effects of the corona pandemic, but driven by shipping companies' supply discipline and... more
IMB sees pirates growing stronger
Pirate attacks on merchant ships continue to rise, according to figures from the most recent edition of the quarterly report of the International Maritime Bureau (IMB) of the International Chamber of Commerce (ICC). In particular, the number of kidnappings in the Gulf of... more
Green hydrogen from Iceland?
A new source for clean fuels is in the making. Landsvirkjun, Iceland's national power company, and the Port of Rotterdam have signed a memorandum of understanding (MOU) to perform a pre-feasibility study regarding the export of green hydrogen from Iceland to Rotterdam. According... more
EU funding for Swedish and Finnish ports
The Ports of Stockholm are to benefit from European investments. In total, the EU has decided to support eight Swedish infrastructure projects this year with grants from the Connecting Europe Facility (CEF) Fund. One of the agreements has now been signed, with the goal to... more