Rocktree looks back on 2019 with joy
The Singapore-based waterborne logistics company Rocktree has reported handling 28 million t of cargo during 2019 - a record in volumes. Last year saw its newly established subsidiary company Rocktree Consulting awarded its first contracts, while its joint venture company... more
MOL's new units with dual-fuel engine
At Mitsubishi’s Shimonoseki shipyard in Japan, the first two LNG-fuelled ferries will be built by Ferry Sunflower, a subsidiary of Mitsui O.S.K. Lines (MOL). This newbuild project has been adopted for Japan’s energy conservation rating system for coastal ships, a... more
New equipment for port of Wismar
The German port of Wismar on the Baltic Sea is enhancing its equipment with six heavy-duty terminal tractors. The provider is Cargotec, with delivery of the machines scheduled for the early part of Q4/2020. Wismar seaport on Germany’s northern coast handles a wide variety of... more
Long Beach feels pandemic impact in April
The waves of the measures against the Covid-19 pandemic continued to hit the US West Coast port of Long Beach in April. The port posted a throughput of almost 520,000 teu, down 17.3% from April 2019, which remains the port’s busiest April on record. While imports decreased... more
Yang Ming's surprising Q1/2020
The Keelung (Taiwan)-headquartered Yang Ming shipping group has published its consolidated revenues for Q1/2020. The total figure of NTD 34.64 billion (USD 1.15 billion) shows a rather moderate decline of 1% compared with NTD 35.08 billion (USD 1.14 billion) in revenue in... more
Jade Weser Port electrifies hinterland connection
The environmental management in Jade Weser Port Wilhelmshaven, Germany’s deep-water container port, has gained Pers certification for the third time since 2015 and 2018. Pers is the acronym for port environmental review system, a special tool that used for the comprehensive... more
Hapag-Lloyd holds its course in 2020
Hapag-Lloyd's transport volumes of passed the threshold of 3 million teu in Q1/2020 (3.053 million teu), a 4.8 % increase compared to Q1/2019, freight rates went up by USD 15 per teu from USD 1,079 to USD 1,094. Altogether, the first quarter of 2020 was friendly to the... more
Eurokai group feels blank sailings
In Q1/2020, the Eurokai group recorded handling volumes of 2.67 million teu, a significant decrease of 10.2% compared with the 2.98 million teu in the same period of the previous year. The Contship Italia group generated a throughput of more than 421,000 teu, 9.2% below the... more
Pre-Corona impact hits Hamburg
In the port of Hamburg, seaborne cargo throughput in the first quarter of the year amounted to 31.9 million t, 7.9% down on 2019. At 2.2 million teu, container handling was less affected, but still recorded a 6.6% decline. At 579,000 teu, the total number of containers... more
Management-buy-back on the Danube
It is a re-transaction. South Africa-headquartered Imperial, which is stepping back from its European inland navigation activities, has sold its 90% holding in Multinaut Donaulogistik Gesellschaft to Peter Jedlicka, Multinaut’s managing director. In 2008, it was the other way... more