A new platform for investors in maritime 
Will the tide of investments in the maritime world turn? The Schulte Group, a major German ship owner and ship manager, and DEVK, a German insurance group, are launching the Navigo Shipholding AG (Navigo), a maritime asset investment platform for institutional investors.... more
DP World invests in Swissterminal
Dubai (UAE)-based DP World has made a strategic investment in Switzerland to extend its network of 150 operations in more than 50 countries. With effect from 23 January 2020, DP World is taking a stake of 44% in Swissterminal Holding with the founder family Mayer remaining the... more
Danelec Marine greets investor
Danelec Marine has made public an investment by Northern European growth equity investor Verdane to accelerate the company’s growth in its core markets. Headquartered in Denmark, Danelec Marine is a supplier of voyage data recorders (VDRs), ship-to-shore data communication... more
Improving safety for port operations
Under the leadership of the Dutch ports of Rotterdam and Amsterdam, eleven seaports have developed uniform port regulations for the first time. For instance, the port operators have decided to cooperate in matters of safety by deploying the same port management and... more
Throughput in Spanish ports increased in 2019
According to the latest data until and including November 2019 released by the Spanish state ports, the Puertos del Estado handled a total of 508.8 million t of merchandise in the first 11 months of 2019. This is a rise of 1.1% compared to the same period of the previous year.... more
MSC extends Caribbean network
MSC Mediterranean Shipping Company will introduce a new service between Progreso, Mexico and Freeport, Bahamas. The new service will commence on 7 February 2020. This launch will extend MSC’s network in the Gulf of Mexico and open new opportunities in the Yucatan region by... more
More cyber security at the port of Ashdod
The Mediterranean port of Ashdod will start pilot trials of the Port-Dome cyber protection software on several systems in early 2020, after which the technology will be installed across the port’s entire network. This will include traffic control systems (VTMS/VTS), berths,... more
Drewry has a less optimistic forecast for 2020
According to the London-based maritime consultancy Drewry’s recently published Container Forecaster report, the outlook for the container shipping market in 2020 remains moderate. Drewry is now anticipating that world container port throughput will increase by 3.3% in 2020,... more
LHG: strong performance and positive outlook
With around 22.1 million t in 2019, throughput at the Lübecker Hafen-Gesellschaft (LHG) matched the level of the previous year. With the leased terminals, the result amounts to 22.3 million t. The around 730,000 units in ro-ro traffic were also on a par with the prior-year... more
Three newbuilds for India's Tomini Shipping
The Delhi (India)-headquartered company Tomini Shipping greeted the New Year by naming three ultramax carriers, the “Tomini Entity” (63,500 dwt), “Tomini Felicity” (63,300 DWT) and “Tomini Tenacity” (63,601 dwt). The three units were delivered on 7 January 2020. The naming... more