Hapag-Lloyd's big leap forward 
On the basis of preliminary, not yet validated figures, the Hamburg-headquartered carrier Hapag-Lloyd achieved higher revenues and more profit in the 2019 financial year. The growth in revenues was considerable, by approximately 9%, coming up to EUR 12.6 billion (2018: EUR 11.6... more
Wallonian inland navigation looks back on year of change
According to statistics in the Belgian province of Wallonia, 39.13 million t of cargo were shipped on the Walloon inland waterways over the year 2019. Volumes were 5.8% below the performance of 2017 and 2018 but remain equal to about 2 million trucks. After two record... more
DP World to delist quickly from Nasdaq Dubai
DP World is to become a private company and delist its shares. DP World’s parent company Port and Free Zone World has offered to acquire the 19.55% of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership. Chairman Sultan bin Sulayem commented... more
Inland shipping powered by two Swedish ports
Mälarhamnar and Ports of Stockholm have decided to work together to make the greatest possible use of the sea and inland waterways for goods transports. The goal of this collaboration is to enable inland shipping between Stockholm and Mälarhamnar. Ports of Stockholm is... more
Trieste drives the modal split ahead
With 62 million t, the Italian port of Trieste handled almost just as many volumes in 2019 as in the previous year. Add to that the 4 million t throughput at the port of Monfalcone. In its own assessment, the port met two important objectives in 2019: on the one hand,... more
Turn of an era in European inland navigation?
It is a coalition of the willing. DeltaPort Niederrheinhäfen, Eon and the Rotterdam Port Authority are joining forces to create the conditions conducive to switching inland shipping in Germany and Europe from diesel to battery and hydrogen drives. The companies agreed to... more
New equipment for North Carolina Ports
It is a first for the North Carolina Ports (NCP) on the East Coast of the USA. A new crane will be installed at the Port of Morehead City, a breakbulk and bulk facility. The new Liebherr portals lewing crane type LPS 420 is a multi-purpose machine equipped with a curve... more
Complementing the big alliances
The new partner is from South Korea. After HMM officially joined The Alliance, the shipping company carrier SM Line has agreed with 2M Alliance to co-operate on the Asia-America route starting 1 April this year. The 2M Alliance is run by the global carriers Maersk Line and... more
Big shift by PIL in March
Pacific International Lines’ (PIL) is shifting its regional focus. The shipping company, which was founded in 1967, will withdraw its services from the Transpacific market. As a result of this service re-alignment, PIL’s last Transpacific sailing will be in March 2020. The... more
More berths for the port of Corpus Christi
The Texan Port of Corpus Christi has been awarded a USD 17 million federal grant for the first phase of the Avery Point Terminal redevelopment. Thus the expansion of Oil Dock 3 (OD3) as the first of four phases in this project is on track. Located on the Corpus Christi ship... more