ONE sticks to its course in Q3 of its FY
The Japanese alliance of the three big container lines, Ocean Network Express (ONE), remained in the black in its Q3/2019 as well. ONE's financial year starts in April and lasts till the end of March. The lines finished the quarter with a moderate profit of USD 5 million. In... more
Baltic Exchange under pressure
As Reuters reported in a recent analysis, the Baltic Exchange’s main sea freight index is currently strongly affected by weaker demand across vessel segments. The Baltic index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell last... more
Ship registry begins next phase of development
St Kitts and Nevis International Ship Registry (Skanreg), which became operational in 2005 and has registered about 2000 vessels to date, is launching a range of electronic certificates. The London (UK)-based ship register claimed that this step will not only speed up the... more
Haropa above the threshold of 90 million t of cargo
Haropa, the French alliance of the ports of Le Havre, Rouen and Paris, handled 90 million t of maritime traffic in 2019. Some bulk traffic flourished, some did not. Cereal exports grew strongly with the second-best performance of the last 20 years, up 9.3% to 8.3 million t.... more
The port of Bayonne opts for the Best
Barcelona's Best terminal plans to expand its hinterland connection to France through the collaboration with the port of Bayonne, in the region of New Aquitaine. The port of Bayonne, historically specialised in bulk, wants to take a step forward in intermodality by implementing... more
Lübeck's port opens up new horizons
The Lübecker Hafen-Gesellschaft (LHG) recently took delivery of the new municipal port areas at the Skandinavienkai in Travemünde. The hubs are now officially in operation. In a first construction phase, a 100,000 sqm terminal area was built. Among other facilities, it... more
More means for short-sea shipping
The Nesec Shipping Debt Fund has been launched in the Netherlands. Through the fund, institutional investors and the province of Groningen offer financing for Dutch shipowners who are planning to acquire (or re-build) short-sea vessels. The fund is partly backed by a guarantee... more
Montreal enhances its equipment
Due to increased container traffic, the port of Montreal is investing into new equipment and infrastructure. MGT have placed an order with Liebherr for four ship-to-shore (STS) container cranes. They will be delivered to the Cast Terminal in the 3rd quarter of 2021. The four... more
LNG bunkering operation in Rostock
The LNG bunker vessel ‘Kairos’, operated by Nauticor, has supplied DEME’s offshore installation vessel ‘Orion’. DEME is a player in the fields of dredging, marine engineering and environmental remediation. For the port of Rostock (Germany), this ship-to-ship LNG bunkering... more
A new terminal for Port Said
In late December 2019, a consortium composed of the French operator Bolloré Ports, the Japanese NYK and Toyota Tsusho Corporation, the trading arm of the Toyota Group, signed a concession agreement with the general authority for the Suez Canal economic zone with a view to... more