Arkas Line and Cnan Med join forces
The Turkey-headquartered Arkas Line has rearranged its service offerings by a new slot charter agreement (SCA) with the Algerian state-owned company Cnan Med to increase its capacity from West Med ports to Algerian ports. As from the end of November, the new OEX Service... more
K Line to manage offshore LNG-Bunkering in Singapore
The ship management of the 7,500 cbm LNG-bunkering vessel (LBV) of Fuel LNG will be taken over by K Line. Fuel LNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum, will own the vessel, operate and carry out all commercial operations. The LBV... more
Best practices for safety in container handling
All for one and one for all! In an attempt to improve safety, reduce injuries and equipment damage as well as minimising business disruption at ports and terminals worldwide, PEMA, TT Club and ICHCA International have joined forces to make available information to promote... more
Ports continue to grow more than last year, says Drewry
Drewry has just published the current update of its Container Port Throughput Indices. According to the figures reported by the London-based maritime consultancy, the global port throughput index in September 2019 was 2.4 points (1.9%) higher than the September 2018 level and... more
Hapag-Lloyd deploys more vessels in the East Med
Hapag-Lloyd will change its Levante Express Service (LEX) as from next year. As from the second calendar week in 2020, Hapag-Lloyd will add one additional vessel to the LEX service to ensure improved schedule reliability during the upcoming winter months. Hapag-Lloyd... more
bremenports improves its climate balance
Bremen’s ports have been able to reduce their emissions by 70% over the last eight years. The current aim is to make the port infrastructure completely C02 neutral by the end of 2023. The port management company bremenports drafted a sustainability strategy already in 2009.... more
Yang Ming fosters intra-Asian network
In order to participate more of the economic upswing in Myanmar and the Philippines, the Taiwan-headquartered Yang Ming Marine Transport is launching two new services, SPE service (Singapore-Philippines Express Service) and MYX service (Malaysia-Yangon, Myanmar Express Service).... more
The glorious seven for hydrogen
Hydrogen is gaining more and more importance as an alternative means of propulsion. Seven Belgian partner companies will cooperate to this end in future. The sea ports of Antwerp and Zeebrugge, Deme, a marine engineering company, the energy supplier Engie, the shipping... more
Going for the biggest offshore crane ever
The “Orion”, an offshore vessel of the Belgian company Deme specialising in maritime dredging and engineering, recently reached the port of Rostock, Germany. In conjunction with Liebherr-MCCtec Rostock, a large-scale project is thus entering its next phase - the erection of the... more
CMA CGM raises USD 2 billion for internal investments
While reporting its quarter result of the current year, CMA CGM said that "the group has lightened its capital structure, which should help it to raise more than USD 2 billion in cash by mid-2020.” The sum is intended to extend the group’s debt maturities and reduce its net... more