ICTSI celebrates a successful first half of 2019
For the first six months of 2019, the Manila (Philippines)-headquartered port and terminal operator International Container Terminal Services (ICTSI) has reported its unaudited financial results. The revenues from port operations were at USD 751.8 million, an increase of 14%... more
HMM joins up two of its services in the APAC region
South Korea’s Hyundai Merchant Marine has linked its Transpacific PS2 service to its China-India Express (CIX). This way, fourteen instead of fifteen ships of between 6,000 teu and 8,500 teu will call weekly at the following ports: Kaohsiung (Taiwan), Busan (South Korea),... more
Bremen restores the river Billerbeck to its natural state
As a compensatory measure, the port operator bremenports in Germany is currently attempting to return the middle and upper courses of the Billerbeck, a river near the port, to their natural state. The company has also drawn up a special concept for the about 5 km long... more
New entity for exchange of port information
The Port of Rotterdam launched its new company Portxchange Products (“Portxchange”) recently. This entity will offer the Pronto platform and application to ports on a worldwide scale over the next few years. First strategic partners are the Shell International Trading and... more
K Line's new design for an LNG carrier
The Japan-based Kawasaki Kisen Kaisha (K Line) and Namura Shipbuilding have signed an AIP (approval in principle) for the concept design of an LNG-fuelled ore carrier from DNV. According to the classification company, this joint project for the development of an LNG-fuelled... more
ZIM launches Americas service
The Haifa (Israel)-based carrier ZIM will launch a new Central America- Caribbean Service (CCS). The service between Mexico, Caribbean and Central America will have the following rotation: Veracruz - Altamira (Mexico) – Puerto Cortes (Honduras) - Santo Tomas (Guatemala) –... more
A flourishing economy
The islands of Malta, which have approximately 430,000 inhabitants and which cover no more than 320 sqkm, have the smallest economic zone of all the euro countries. Overall, however, trade and industry are strong there. more
New service from Europe to Nigeria
The Netherlands-based Universal Africa Lines (UAL) and Julius Berger Services Nigeria (JBSN) will cooperate on a new service. With immediate effect, UAL will start a monthly service from Europe to the port of Warri, Nigeria. In Warri, UAL will be calling at the terminal of... more
Valenciaport satisfied with latest figures
The consolidated annual accounts of Valenciaport for the year 2018 have been published. The Port Authority of Valencia (APV) closed the year 2018 with a turnover of more than EUR 138 million, a decrease of 0.9% compared to 2017. This variation is a consequence of the... more
Red Sea Gateway goes Bangladesh
The Red Sea Gateway Terminal (RSGT), a container terminal at Jeddah Port (Saudia Arabia), and Bangladesh’s Ministry of Shipping have signed a memorandum of understanding (MOU) under which the Saudi Arabian terminal operating company will jointly evaluate investments in the South... more