Greek shipping company inks charter contract
Greece-based Diana Shipping, a shipping company specialising in dry bulk vessels, has entered into a time charter contract with Pacbulk Shipping, Singapore, for one of its Capesize dry bulk vessels, the MV "Seattle". The gross charter rate is USD 12,300 per day, minus... more
Moderate impact on Finnlines Group's Q1/2020
Emanuele Grimaldi, President and CEO of the Finnlines Group has released the group’s results for Q1/ 2020. He stated that the group’s revenue of EUR 130.5 million for January–March 2020 remained close to Q1/2019 with EUR 137.6 million. During the first quarter, Finnlines... more
ONE to Oakland
The Japanese container condominium ONE has started operating its new weekly service called the Far East-Pacific 2. The first ship in the service, the ONE Aquila, just called the US ports Long Beach and Oakland International Container Terminal for the first time. Each of the... more
Algeciras and Tanger Med keep the Straits open
In times of Covid-19, the ports of Algeciras and Tanger Med are both keeping the Strait maritime link active for trucks and semi-trailers with the same level of service as before the pandemic. Both container terminals APM Terminals Algeciras and TTI Algeciras are fully... more
ONE invests in reefer fleet
The container shipping company Ocean Network Express (ONE) generated a profit of USD 105 million by the end of its financial year 2019, ending March 2020. Singapore-based ONE, which originated from the merger of the container business of the three Japanese shipping lines K Line,... more
ICTSI: volumes up in Q1/2020
The outbreak of the pandemic also affected the results of Q1/2020 of terminal and port operator ICTSI. Enrique K. Razon Jr., ICTSI chairman and president, spoke of "devastating effects on our societies" and a necessary "significant amount of combined effort from... more
A trio dancing Charleston
In order to provide container terminal and stevedoring services in the Port of Charleston in South Carolina, the three service providers Marine Terminals Corporation – East (Ports America), Ceres Marine Terminals (Ceres), and SSA Atlantic (SSA) have come together to form a joint... more
Double switch in the Port of New York
Maersk and its affiliate Hamburg Süd will definitely be changing their terminals in New York. The companies are moving from Global Container Terminal (GCT) on Staten Island, New York, to APM Terminals (APMT) in Port Elizabeth, New Jersey. GTC, which operates two Canadian and... more
AEO for terminals in Valencia
The EU granted the APM Terminals in the Port Valencia the internationally recognised security status, authorised economic operator for customs simplification (AEOC), in April. The aim of the AEO programme is to enhance international supply chain security and to facilitate... more
Haropa pushes clients back into business
The French alliance of ports, Haropa Ports, has launched a programme to support its customers in rebooting their business activities through PUSH – a French acronym for “Unified Haropa Support Programme” (Programme Unique de Soutien by Haropa). “In the context of the... more