European funds for the port of Piraeus 
The European Investment Bank (EIB) will advance EUR 140 million on loan to the port of Piraeus to support the expansion and upgrading of Greece’s principal port. The largest ever loan for port investment in the country, which will run on a 20 year-basis, brings the total... more
New player on the waters: E2F in France
In France, a new body has been created to promote inland navigation: On 1 November 2019, the French national chamber of craft industry (CNBA) and the French committee of river owners (CAF) agreed to set up a new organisation to speak for the fluvial transport and... more
Maersk vessel tests battery propulsion
Electronic propulsion is the order of the day. Thus, a containerised 600 kWh marine battery system will be installed in a trial on board the “Maersk Cape Town” in December 2019 to improve vessel performance while reducing CO2 emissions. The vessel is a Singapore-flagged 249 m... more
Grimaldi's first new PCTC sets sail
The first unit of a series of seven sister vessels ordered by the Neapolitan group Grimaldi is entering service. The pure car & truck carrier “Grande Torino” of the Grimaldi Group was recently christened in the Italian port of Civitavecchia. The godmother of the ship,... more
Red Sea Terminal focuses on ULCS
The Red Sea Gateway Terminal (RSGT) based in Jeddah, Saudi Arabia, has purchased two ship-to- shore (STS) cranes supplied by ZPMC in Shanghai, China. The new cranes, each with a 70 m reach and a 52 m high, represent an investment of approximately USD 22 million and will be able... more
Ecuador: Contecon wins ISO certification
Contecon Guayaquil (CGSA), the Ecuadorian subsidiary of International Container Terminal Services. (ICTSI), recently obtained the ISO 14064-3:2006 international certification for carbon neutrality. The verification and audit process was carried out by TÜV Rheinland. As part of... more
Green light for Seine-Northern Europe canal
The split of cost between the French government and the French regional and local public authorities made the breakthrough of a long-standing project possible. The joint funding of EUR 2.2 billion will be invested in the construction of a 107 km long and 54 m wide canal to link... more
K Line extends its bulk carrier fleet
K Line is building up its capacities in the bulk carrier segment. At the Marugame business headquarters Imabari Shipbuilding, the 200,000-dwt Capesize bulker "Cape discovery" has been completed. The ship is equipped with an electronically controlled engine and, in... more
Federal funding for terminal refurbishment at Jaxport
The Florida (USA)-based Jacksonville Port Authority (Jaxport) will be supported by federal funding. A sum of USD 20 million has been granted to the port for the reconstruction of more than 40,000 sqm of the existing terminal pavement at the SSA Jacksonville Container Terminal,... more
