Port of Cork: recognition for fundraising efforts 
The port of Cork (Ireland) and its partners were ‘highly commended’ at the recent Seatrade Awards in the ‘deal of the year’ category in recognition of their work in securing the funding for the development of the new CCT in Ringaskiddy, which will open in 2020. This funding... more
London remains the hot spot for arbitration
Research of the maritime-focused law firm HFW has underpinned the impression that London (UK) continues to dominate the market for maritime arbitration - despite suggestions that Brexit would see activity shift to emerging disputes hubs around the world. Currently, the... more
Containers push up revenues 
In 2018 Marsa Maroc, the Casablanca-based leading Moroccan port operator, managed to increase its revenues to MAD 2.7 billion (approximately EUR 250 million). The corporation said that this was due substantially to growing container volumes that the firm and its various... more
Southeast Asian expansion of APL's JTV service
The CMA CGM affiliate APL has announced that the Japan Thailand Vietnam (JTV) service is extending its port rotation to the Philippines and within South China. The service will now be calling at three additional ports in Manila (Philippines), Shekou and Nansha (both China) as... more
Intermodal leads the way in HHLA's Q1/2019
Hamburger Hafen und Logistik (HHLA) reported satisfactory results in the first three months of the year. Improvements in container transport and property management led to a revenue of EUR 347.6 million (+10.3%). The operating result (ebit) rose significantly by EUR 11.8... more
Result significantly up in the first quarter
The German shipping line Hapag-Lloyd closed Q1/2019 with a significantly higher operating profit, as earnings before interest and taxes (ebit) increased to EUR 214 million (compared to EUR 51 million in Q1/2018). The group’s net result increased to EUR 96 million (EUR -34... more
A new tool to prepare the testing of ballast water
The Japanese group MOL will launch the “ballast catch viable organism sampler” on 15 May 2019. The device, jointly developed by MOL Engineering and the Satake Corporation, saves workload in preparing samples of ballast water prior to testing for the presence of marine organisms.... more
Ocean's new Asian service calls at Hamburg
As the first containership in the new Asia service Loop 7 by the Ocean Alliance, the “Taurus”, which has a capacity of almost 14.500 teu, has berthed in the port of Hamburg (Germany). The new Asia-North Europe service Loop 7 is served by ten Evergreen units between 13,000... more
PSA to build in Halifax and Pennsylvania
Singapore-headquartered PSA International has won the bid for the container terminal Halterm in the port of Halifax. It is currently the largest container terminal on the east coast of Canada. Among the other bidders were Canadian National Railway, CMA CGM and Montreal-based... more
Haropa – Port of Le Havre in good shape
Tonnage led the way, the results followed. The port of Le Havre (a member of the Haropa association, which is made up of the ports of Le Havre, Rouen and Paris), improved its results, having posted a solid throughput in 2018. The group’s turnover increased to EUR 195... more