A favourable H1/2020 for OOCL 
The Hong Kong-headquartered Orient Overseas (International) Limited Group (OOIL), which was acquired by Cosco Shipping in 2018, recently reported its results for H1/2020. Remaining in the black, the group achieved a profit of USD 102.1 million, compared to USD 139.0 million... more
Recent sales in the Swiss maritime fleet
The Geneva office of the law company Holman Fenwick Willan (HFW) has reported having been involved in the sale of almost half of the entire Swiss maritime fleet. HFW advised Swiss shipowner Massoel Shipping on eight separate vessel sales, representing 40% of all... more
Green Laurels for Barcelona
The Port of Barcelona was awarded the lean & green initiative, promoted by the Spanish association of manufacturers and distributors (Aecoc), for reducing its carbon footprint by 20% in a period of five years through "a set of concrete actions". The port joined... more
Enhancing BMT in Algeria
Bejaia Mediterranean Terminal (BMT SPA), operated by Portek International in a joint venture with the Algerian port authority, Enterprise Portuaire de Bejaia, is expanding its equipment. Since its first foray into port operations in 1999, Portek breached the one million teu... more
TTI Algeciras to change hands
HMM has agreed to sell its 50% stake minus one share in Total Terminal International Algeciras (TTI Algeciras) to CMA CGM. The container terminal in the south of Spain is owned by HMM and HT Algeciras, which is a special purpose company wholly controlled by HMM. HMM directly... more
Cool chain for Ethiopia
After several years of preparation, the first intermodal transport of perishables from Ethiopia to Europe is underway. The first reefer container with 24 t of avocados was loaded onto a train in Ethipia and will be shipped via the port of Djibouti to Europe. Preparations for... more
Container flows on the rise
The container throughput index of the German RWI – Leibniz institute for economic research and the institute of shipping economics and logistics (ISL) shows a significant upturn from June to July, rising from (corrected) 110.2 to 116.2 points. The index is therefore now... more
New generation rolls into Le Havre
The Port of Le Havre, a major French container port for international trade and part of the Haropa Ports association, has welcomed four new gantry cranes from China, among the largest in the world, at the France Terminal in Port 2000. Operated by GMP - Port Synergy, Port... more
Remote service for vessels at sea
Machinery Maintenance Connect (MMC) is DNV GL’s remote approach to the machinery planned maintenance system (MPMS). Instead of requiring surveyors to travel to each individual vessel and go onboard, machinery data can be processed via algorithms and presented to customers in a... more
More connections for Koper hub
Austrian provider cargo-partner has expanded its LCL services portfolio via Koper by introducing additional connections from India, Thailand and Vietnam to Europe. The transport of LCL shipments via the port of Koper on the Mediterranean allows shorter delivery times for sea... more