Investing in LNG terminal in Colombia
The Dutch company Royal Vopak has just acquired 49% of the shares of the Sociedad Portuaria el Cayao (“Spec”) in Cartagena, Colombia. Spec is so far the only LNG import facility in Colombia and has been in operation since 2016. The facility consists of an LNG jetty, onshore... more
ONE relies on IoT for tracking and monitoring
Japanese Ocean Network Express (ONE), the 6th largest shipping line in the world, relies on IoT tracking and monitoring solutions for logistics assets. These solutions have been developed by the technology partners Sea Cube and Globe Tracker. Sea Cube Containers specialises... more
Digital space tool saves fuel
The Smart Green Shipping Alliance (SGSA) has been accepted into the European space agency business incubation centre United Kingdom (ESA BIC UK). Part of the business support package awarded to SGSA by the ESA includes a grant to develop a prototype digital tool that will enable... more
Another Anglo-French sea service launched
A new daily ferry service linking Calais with the port of Tilbury is operational. P&O Ferries launched the service in the first half of September. It is designed to give freight that is not accompanied by a driver a direct route to a port located just 25 miles from Central... more
New global shipping index on the agenda
A partnership is developing a new shipping index for ocean carrier schedule reliability. For that purpose, the Shanghai Shipping Exchange and Cargo Smart, a shipment management software solutions provider, have signed a memorandum of cooperation. The plan is to create a new... more
Yang Ming satisfied with new express service
The Chinese Yang Ming Line has benefited beyond expectations from its new express feeder service to Liverpool (UK). Targets were met almost immediately after launching in June this year, underlining demand for a direct Far East call at the port. As the Liverpool port... more
Wallenius extends its Baltic network
From November 2019, Wallenius Sol will include the Finnish port of Vaasa in its regular liner network. With weekly calls, Wallenius Sol will connect Vaasa with the Belgian ports of Antwerp and Zeebrugge. The technology company Wärtsilä is behind this new connection. It will... more
CMA CGM is also in the black
The carriers continue to sail in the black, and CMA CGM is no exception to the rule. Despite an uncertain worldwide geopolitical environment, the Marseille (France)-headquartered group experienced not only a growth in volumes in Q2/2019, but rising revenues and ebitda. A big... more
K Line does its share
K Line, one of the major Japanese shipping lines, is tackling the amount of its emissions. In order to cooperate with the project “Zero Emission Tokyo” pursued by the Tokyo Metropolitan Government (TMG) that aims to cut back CO2 emissions, K Line offered 3,628 t of a CO2... more
More cash – and simultaneously less debt
Valenciaport’s consolidated annual results for 2018 underline the maritime region’s stable course. The hub operator Valenciaport runs the ports of Valencia, Sagunto and Gandía in the area. Although profits stayed largely stable they can be considered relatively solid, taking... more