Evergreen jacks up its profit 
Evergreen Marine Corp. has published its results for Q2/2019. The Taipeh (Taiwan)-headquartered carrier announced a jump in gross profit of almost NTD 3.7 billion (USD 118 million). In the same period of 2018, the gross result was just about in the black at NTD 109 million (USD... more
Boxes keep flowing into Los Angeles
Container throughput in California (USA) continues apace. For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the port moved more than 912,000 teu, making it the busiest July in the port’s 112-year history. Container... more
STS and RTG make hay while the sun shines
At its Las Palmas container terminal, Operaciones Portuarias Canarias (OPCSA) recently concluded an agreement that comprises a Kalmar complete care service contract covering the terminal's ship-to-shore (STS) and rubber tired gantry (RTG) cranes. Established in 1986, OPCSA... more
A new joint venture in Thailand
In Thailand, SCG Logistics and PSA Thailand have concluded an agreement to invest in the development and operation of the Thai Prosperity Terminal. A rebranding of the facility as Thai Connectivity Terminal (TCT) is part of the contract which involves the setting up of a joint... more
Yang Ming's policy pays off
Reporting on Q2/2019, Yang Ming has reduced its financial losses significantly by 66.22% as compared to the same period of the previous year. The Taiwan-based carrier announced a gross profit from operations of NTD 1.16 billion (USD 36.9 million) in Q2/2019, compared to a... more
Rising figures in Hamburg 
The terminal operator Hamburger Hafen und Logistik AG (HHLA) concluded the first half of 2019 with rising revenue and results. In conjunction with an increase in revenue in the logistics segment and a once again moderate uptick in revenue from property management, total revenue... more
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