Cargo Gulf picks liner service agent in Antwerp 
The global NVOCC Cargo Gulf has appointed Burger Liner Agencies, part of the Royal Burger Group, as its liner service agent in Antwerp (Belgium). The move is in response to strong growth in exports from Belgium and France, and marks the beginning of twice-weekly sailings of a... more
Drewry foresees more M&As for vulnerable carriers
According to Drewry, financially vulnerable carriers could be pushed into mergers and acquisitions due to the extra costs associated with the new low-sulphur fuel law. If that happens, how might competition on key trades be affected? Most of the major carriers have now... more
New digital tool for the port of Strasbourg
Strasbourg now relies on Vigsiesip to organise and administer ship stopovers. The digital port information system was developed by Bordeaux Port Atlantique and is already deployed in 15 major maritime ports (MPGs) and French decentralised ports. However, the use of the... more
Negotiations between Maritime Kuhn and Bolloré Ports France
In France, Bolloré Transport & Logistics and the Kuhn Maritime group have entered into exclusive negotiations for Kuhn to take over Bolloré’s port activities in France. This project could become effective during Q3/2019, after the social, legal and administrative procedures... more
TIL to become sole owner of MCT in Gioia Tauro
Contship Italia and Itaterminaux, an affiliate of Terminal Investment (TIL), have inked a share purchase agreement concerning the sale of 50% of CSM Italia Gate, the company which owns 100% of MCT (Medcenter container terminal). MCT is the concessionaire of container... more
Container throughput index takes a dive
The container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL) fell to 133.9 according to February’s flash estimate. The index stood at... more
Some lateral movement for HHLA in FY/2018
The German service provider Hamburger Hafen und Logistik (HHLA) was successful in financial year 2018 as it outperformed its already strong 2017 result. Despite a harsher market environment in H2/2018, container throughput increased slightly, due in part to the integration... more
Bernhard Schulte Cruise: full speed ahead
Bernhard Schulte Cruise Services (BSCS) has won a contract to provide technical management for Jalesh Cruises’ new vessel, the “Karnika”. The 70,285-tonne, 2,000-seater crown princess-class cruise ship is presently undergoing comprehensive refurbishment at Sembcorp’s marine... more
CCCC signs a contract with the port of Trieste
The port of Trieste (Italy) and the China Communications Construction Company (CCCC) will join forces to facilitate the development of infrastructure in central Europe. Zeno D’Agostino, president of the port system authority of the eastern Adriatic, and Song Hailang, the... more
OOIL publishes its results for 2018
OOIL and its subsidiaries report a profit of USD 108.2 million for 2018, compared to USD 137.7 million in 2017. Total throughput amounted to 6.7 million teu last year, compared to the 6.3 million teu handled in 2017. 2018 was a landmark year in the development of OOIL. In... more