Major acquisition on Indian east coast 
The Adani Ports and Special Economic Zone (“Apsez”), an Indian port developer and operator and part of the Adani Group, will be acquiring a controlling stake of 75% from the existing shareholders of Krishnapatnam Port (KPCL). The KPCL is located in the southern part of Andhra... more
Next step for LNG in Rostock
The Hamburg (Germany)-based company Nauticor, which was sold to the Finish group Gasum in November 2019, has received the first permit for ship-to-ship deliveries of liquid natural gas (LNG) in the port of Rostock. The LNG bunker vessel “Kairos” is therefore the first ship in... more
AEO status for Glomar
The Greece-headquartered global logistics service provider Global Maritime Enterprises has been granted the status of authorised economic operator (AEO). AEO is an internationally recognised certificate and confirms that the relevant company is a reliable business partner for... more
World's first LNG-fuelled large coal carrier comes on stream
Kyushu Electric Power has concluded long-term transport agreements to deploy the world's first LNG-fuelled large coal carriers with Nippon Yusen Kabushiki Kaisha (NYK) and Mitsui O.S.K. Lines (MOL). The vessels are expected to become the world's first LNG-fuelled large coal... more
Quay walls for HES Hartel tank terminal in place
The quay walls, the jetty and associated works for the HES Hartel tank terminal on Maasvlakte that is currently under construction in the port of Rotterdam have been completed. Despite the discovery of various archeologically interesting shipwrecks, the work could be completed... more
Piraeus: port’s expanding plans go ahead
The European Investment Bank (EIB) has agreed to provide EUR 140 million to support the expansion and upgrading of the port of Piraeus, the principal port of Greece. It is the largest loan Europe’s long-term lending institution has ever provided for port investment in the... more
Port of Antwerp sets its sights on green multi-fuel
In 2019, the Belgian port of Antwerp scored strong growth for the seventh year in a row. Total freight volume increased by 1.3% to 238 million t. Container throughput was particularly impressive in Antwerp, totalling 11.87 million teu and achieving a 6.9% increase in market... more
Shipping confidence at its highest level since 2014
In the last quarter of 2019, confidence in the shipping industry rose to its highest level for 18 months, according to the latest survey conducted by adviser BDO. The average confidence level was 6.4 out of 10.0, compared to 5.8 in Q3/2019. This is the highest rating since... more
New system to optimise terminal operations in China
New Oriental International Terminals (LNOIT), part of COSCO, has gone live with Navis’ terminal operating system N4. Located on the southwestern coast of Haizhou Bay in China, LNOIT is the first modern terminal company specialising in international container loading and... more
