Ro-ro terminal at Stockholm in the making 
The last two of nine ramps for rolling goods have been installed at the Stockholm Norvik Port. Five were delivered to the recently newly rebuilt Värtahamnen Port and two to the reconstructed Port of Kapellskär. The ro-ro terminal is scheduled to open in September and will be... more
Mixed results for Cosco Shipping Ports
There was a year before corona. In 2019, the Chinese port and terminal operator Cosco Shipping Ports witnessed rising revenues, which surged by 2.7% to USD 1.02 billion, but declining profits, which went down by 7.1% to USD 272.7 million. Nevertheless, adjusted net profit rose... more
Obligatory sale of Long Beach terminal pays off 
The decision of the committee on foreign investment in the United States to make Orient Overseas International (OOIL) sell its stake in Long Beach happened at the right time - for the seller. Since China’s Cosco Shipping acquired a majority stake in OOIL in July 2018, the US... more
EU redefines conditions for Fehmarn project
For Scandlines and Stena Line, the decision taken by the European Commission regarding the Fehmarnbelt fixed link at the end of March further speciifies the existing conditions for the project. After another review, the European Commission concluded that the public financing... more
ONE extends network to and in North Africa
The European branch of the Ocean Network Express, the Japanese container shipping conglomerate headquartered in Singapore, is extending its footprint in North Africa. The carrier has appointed two new third-party agents - the Algerian branch of the Spanish Romeu Group and... more
Cranes for Berbera in Somaliland
Eight rubber tyre gantry cranes (RTGs) are part of the contract between port and terminal operator DP World and Liebherr Container Cranes. They will be delivered to DP World’s terminal in Berbera, Somaliland, and enter into operation before the end of 2020. The new cranes... more
Little surprise: remote maritime surveys booming
The impact of the global pandemic has reinforced the value of remote survey services in the shipping industry. With some 15,000 surveys and inspections undertaken since the launch in October 2018, DNV GL sees a milestone in the digitalisation and integration of its class... more
Bimco's maritime outlook for 2020
The Baltic and International Maritime Council (Bimco), the major international maritime association, with 2,100 members in more than 120 countries, has revised its forecasts for maritime transport for this year, due to the pandemic of the coronavirus Covid-19, which is already... more
Supplying LNG all around the Baltic Sea
In a joint letter of intent (LoI), Nauticor und Novatek Green Energy are planning to cooperate in the development of a LNG supply infrastructure in the Baltic Sea region. The aim of the partnership is to further expand the market for the supply of maritime customers with LNG by... more
CEO addresses Valencia's port community
Extraordinary times also call for extraordinary words. One example is Aurelio Martínez Estévez, CEO of Valencia port, who addressed all collaborators in a letter under the headline: "Thank you and congratulations for making easy what is not easy." Martínez made it... more