Price hike in container leasing market 
Container leasing rates, particularly from China to North America, surged significantly in Q1/2024, continuing to stay elevated into April. The online platform Container xChange attributes this rise to a widening price gap between Chinese and US containers, with geopolitical... more
A world debut
DP World has introduced the world's first fully electric straddle carrier fleet at its new GBP 350 million fourth berth at London Gateway. The eight units, manufactured by Kalmar, are part of the first all-electric berth globally. Each zero-emission carrier, costing GPB 12... more
Port priorities for 2024-2029
The European Sea Ports Organisation (Espo) has outlined its priorities for Europe's ports from 2024 to 2029, aiming to enhance their role in promoting a sustainable, digital, and competitive future for Europe. Key priorities include ensuring the effective implementation of... more
Rhenus grows in Belgium
Rhenus Partnership is expanding its reach into Belgium by acquiring DGA Shipping, thus enhancing its services on the river Rhine. Rhenus previously held 45% of DGA; now it owns 100%, following the sale of shares by HGK Shipping, which is reallocating its investments. DGA... more
Promoting digitalisation in container shipping
Pacific International Lines (PIL) has joined the Digital Container Shipping Association (DCSA) to enhance digital standardisation in the container shipping industry. DCSA, which is composed of major container shipping companies representing 70% of global trade, aims to... more
An eco-friendly transformation
Marine technology company Ocean Infinity is making its Armada fleet more sustainable and aiming for net-zero emissions by 2040. Its strategy comprises enhanced vessel design, operational efficiency, and the integration of innovative technologies. One notable initiative involves... more
A year of growth for Thessaloniki
In a successful FY 2023, Thessaloniki Port Authority (THPA) saw its consolidated revenue increase to EUR 85.9 million. The container terminal led the growth with a 12% rise in revenue to EUR 59.8 million. Significant developments included the construction of the... more
Covid's heavy toll on container shipping
The global container market saw a subdued growth of only 1.5% from 2019 to 2023, reaching 173.5 million teu, which was 24.6 million teu below the potential without the Covid-19 pandemic, according to Niels Rasmussen, chief shipping analyst at Bimco. The pandemic severely... more
A hydrogen corridor from Bilbao to Amsterdam
At a high-profile meeting in Amsterdam, which was held in the presence of the kings of the Netherlands and Spain, the port of Bilbao showcased its role in developing a European renewable hydrogen corridor with the port of Amsterdam. The aim of the initiative is to advance the... more
Europe's first ammonia and LCO2 carrier
HGK Shipping is spearheading a project in inland shipping by developing Europe’s first gas tanker designed for transporting cold liquefied ammonia and LCO2. Named "Pioneer", the vessel will feature new tank and loading system technologies enabling it to carry gases... more