Carriers sacrifice capacities to save prices
The Copenhagen (Denmark)-based maritime consultancy Sea-Intelligence has put forward its latest estimates on the shipping companies’ potential losses in 2020 and the development in blank sailings. The number of blank deep-sea sailings has currently risen from 45 to 212. The... more
A good 2019 for Liebherr maritime cranes
The Liebherr group generated a turnover of EUR 11.75 billion in 2019, whereby the maritime crane division posted a turnover of EUR 887 million. This corresponds to an uptick of EUR 175 million or 24.6% compared to the previous year. The company invested EUR 101 million... more
Germany's inland shipping improves in 2019
About 205.1 million t of goods were shipped on Germany’s rivers and canals in 2019, up 3.6% from the previous year. In 2018 volumes were reduced by 11% to 197.1 million t due to low water levels. Transport performance also posted a substantial increase (+8.6%), reaching 50.9... more
Cargo at Guadeloupe Port Caraibes keeps flowing
In accordance with government measures and their adaptations taken by order of the prefect of the French region to deal with the coronavirus epidemic, the Grand Maritime Port of Guadeloupe has been implementing its business continuity plan (PCA) since 17 March 2020. This PCA... more
MSC posts record performance in Liverpool
The Port of Liverpool’s deep-water container terminal has broken a record. The MSC Federica, which recently docked, exchanged more than 5,400 teu, the highest number seen from a single vessel in Liverpool since the terminal opened in 2016. The vessel is part of MSC’s Turkey... more
25 years of service for Bremen
The Bremen (Germany)-based port services provider Weserport celebrated its first quarter of a century at the beginning of April this year. Weseport was founded in 1995 as a joint venture of the Rhenus Group, Stute Verkehr and the Stahlwerke Bremen. Today, the company is... more
Jeddah as a nodal interface
Saudi Arabian ports are seeking to play a more central role in trade between Europe, the Middle East and Africa. At the beginning of this year DP World signed a 30-year concession in Jeddah; CMA CGM, in turn, is fortifying its regional network. more
The time of the tankers
Vitol Marine Fuels, a subsidiary of the Vitol Group headquartered in Rotterdam and Geneva, has acquired the Singapore-based bunkering specialist Sinanju Tankers Holdings (“Sinanju”). The Singapore bunkering licence holding entity has been renamed Vitol Bunkers and from 1... more
Cosco Shipping: 2019 results meet expectations
Cosco Shipping looks back on a satisfactory performance in 2019. During the reporting year, the group handled 25.74 million teu in container shipping, +18.1% compared to 2018. Of these volumes, Cosco Shipping Lines carried 18.78 million teu, while Orient Overseas Container Line... more
Indian Register convoys vessel conversion
International ship classification society Indian Register of Shipping (IRClass), has classed its first vessel under the Lebanese flag. The vessel - which is named "Jouri" - was converted from a vehicle carrier to a livestock carrier under the survey of IRClass which... more