Evergreen adds new service to Puerto La Plata
Tec Plata, which operates the container terminal in Puerto La Plata (Argentina), has signed a contract with Evergreen Marine, Taiwan. The new service between Asia, the Far East and the Americas can now set sail. With this agreement with the Taiwanese shipping line, Tec Plata... more
DP World's ambition remains global
DP World draws a positive balance for the year 2019. The Dubai-headquartered port and terminal operator handled 71.2 million teu across the globe, with a modest uptick of +1.0% on a like-for-like basis. Q4/2019 brought momentum with a +2.1% growth, mainly driven by operations in... more
More details on Finnlines' construction programme
The Finnish shipping company Finnlines, owned by the Grimaldi group, is building three new RoRo ferries of the Superstar class at the Jingling Chinese shipyard. Delivery is scheduled for 2023. The technology group Wärtsilä will supply its hybrid power conversion system to these... more
DNV LNG platform starts in April
In order to have a share in the LNG ship-fuel market, DNV GL has launched a new online bunkering platform to integrate the activities of operators from order to delivery. The so-called Fuel Boss platform offers ship owners, operators and suppliers a single common platform for... more
Duisport's 2019 results predominantly stable
Under provisional estimates, container throughput at the port of Duisburg (duisport) amounted to roughly 4.0 million teu in 2019, reaching virtually the same level as in 2018 (4.1 million teu). With a share of around 60%, container throughput is the most important segment. Total... more
Chinese and American ports under pressure
According to the latest flash estimate, the container throughput index released by the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) showed yet another significant decrease in December 2019. At 134.1 it is meanwhile... more
Looking forward to new terminal in South Carolina Ports
The new Hugh K. Leatherman Sr. Terminal, which prepares to open in March 2021, is taking shape along the Cooper River at South Carolina Ports. More than 300 people — contractors, port employees, elected leaders and community members — cheered as a steel beam and tree were... more
Gateway Basel Nord slows down
The multimodal terminal project Gateway Basel Nord in Basel (Switzerland) is facing another hurdle, which is likely to cause delays. With its decision of 21 January 2020, Switzerland’s federal supreme court approved an appeal made by Swissterminal, a local private terminal... more
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