Will Maersk weather the storm? 
A.P. Moeller-Maersk showed a better performance in this year's first quarter than expected. Nevertheless, the Danish container shipping company warned of a 20-25% decrease in volumes in the second quarter. Maersk posted a USD 197 million net profit in the first three months... more
Bremenports' new digital tool
In cooperation with the Bremen (Germany)-based IT services provider Abat and its subsidiary ID-Impuls, bremenports has overhauled the software it has been using for billing port charges. Managing director Robert Howe: "The aim of the project was to ensure that our... more
Guide of the ICS for security measures
The International Maritime Organization (IMO) has recently published a new guide to ensure a secure interface between personnel on board ships and on shore in times of Covid-19. The guide was compiled by the International Chamber of Shipping (ICS) together with a coalition of... more
Japan's first LNG bunker vessel launched
The joint venture of K Line, Jera, Toyota Tsusho and NYK has launched Japan’s first LNG bunker vessel (LBV) at the Sakaide Works of Kawasaki Heavy Industries. The LBV is scheduled to be delivered at the end of September 2020 and will be the first of its kind to be operated in... more
Tanker acquisition via remote
It is the first acquisition solely done by remote due to the recent boom in the tanker market. The "Cape Beira" was acquired by the Sea World Management of Montecarlo with online procedures determined by anti-pandemic restrictions. The 40,000 t tanker changed hands... more
New Mediterranean loops operational
The AEM6 is an Ocean Alliance's weekly liner service connecting South Korean, Chinese and SE Asian ports with the Adriatic, including stopovers in the Red Sea and the Mediterranean, has started its amended loop. Evergreen's first vessel sailing according to the new rotation... more
Chinese RHI buys Cargotec out of JV
The ownership of the joint venture in China that Cargotec and Jiangsu Rainbow Heavy Industries (RHI) have been running since 2012 has been reshaped. Since then, Rainbow-Cargotec Industries (RCI) has manufactured port and offshore cranes for Kalmar and MacGregor business areas at... more
German inland waterway to North Sea blocked
An inland barge collided with a bridge over the Dortmund-Ems canal in Emsland, Germany, causing the bridge to collapse. The Kunkenmühler bridge was built in 1954 and was 60 m long. Ship traffic was suspended on this stretch of the 265 km long canal after the incident.... more
Significant decreases in port throughput now over?
The international association of ports and harbours (IAPH) and the world port sustainability programme (WPSP) conduct weekly surveys on the impact of Covid-19 to monitor the current situation in world ports and trends compared to previous weeks. Compared to last week, the... more
Power-to-methanol in Antwerp
In Antwerp, seven partners have founded a consortium for the eco-friendly production of methanol, a main raw material for the industry in the port. The partners in this project are: energy supplier Engie, transmission system operator Fluxys, waste management group Indaver,... more