A well-filled war chest for DP World 
More money for investments: DP World, the Dubai-based terminal and port operator, and the Canadian Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, have announced the expansion their investment into ports and terminals through a new commitment of... more
Hapag-Lloyd reshapes EMX rotation
Hapag-Lloyd’s Europe Mediterranean Express (EMX) service is changing its ports of call. As from week 46, the Hamburg carrier will restructure the EMX by adding a direct call in Gemlik, while removing the Izmir call from the rotation. The additional Gemlik call will offer a... more
K Line's test run to cut emissions
K Line will use a small-scale, marine-use demonstration plant for carbon capture onboard a vessel and conduct research and development on compact facility design, in collaboration with project partners Mitsubishi Shipbuilding and non-profit organisation Nippon Kaiji Kyokai... more
MOL's permanent Mauritius team
The shipping group MOL has released its latest update of the capsized bulker "Wakashio" aground off the island of Mauritius. At the beginning of September, the "Mauritius environmental and social contribution team" was established. It is part of the... more
Setting up new businesses in Rotterdam
The Port of Rotterdam Authority has put a new port complex, called Het Magazijn, on the market. RDM Rotterdam, the former shipyard of the Rotterdamse Droogdok Maatschappij, has been redesigned for the settlement of port companies. A multifunctional business complex consisting of... more
Equipment at the SCT
The South Italian terminal operator Salerno Container Terminal (SCT), member of the Eurokai Group and active in the port since 1977, is enhancing its equipment. The terminal has five mobile cranes, three of them post-Panamax. SCT currently operates 11 Liebherr machines,... more
Global maritime capacities coming back
The idle fleet worldwide is shrinking while the carriers add further capacities to the global maritime market. The trades between Asia and North America West Coast are particularly strong, capacities being up 15% compared to the same weeks last year, as the Copenhagen... more
Maersk reshuffles its brands
Having posted stronger-than-expected results for Q2/2020, tripling its net income to USD 443 million in comparison to USD 153 million in Q2/2019, Maersk is redesigning its portfolio. The Safmarine and Damco brands will be fully integrated and no longer marketed by the end of... more
New Japanese tugs for Indian ports
The fourth in a series of 13 tugs, built by Kanagawa Dockyard in Kobe, Japan, has been delivered to the multinational Adani Group, headquartered in Ahmedabad in India. The Indian Register of Shipping (IRClass) praises the successful delivery of tug, "Dolphin" No.... more
Calling Cork
Containerships, an affiliate of CMA CGM, is adding a call to the Irish Port of Cork. This enhancement to the Beni service starts on 1 September. This direct short sea connection links Cork further to Rotterdam. The intermodal network connections via Rotterdam include not... more