US terminals upgrading equipment
Port Newark container terminal (PNCT) in New Jersey (USA) recently took delivery of two megamax outreach cranes, and in Eddystone PA, the Penn Terminals have welcomed two new Liebherr super post panamax ship-to-shore (STS) cranes. The cranes for PNCT, the first out of four... more
Port of Switzerland hoists container flag high
Port of Switzerland, operator of inland ports on the River Rhine, has tabled its 2018 figures. They show that the river’s prolonged low water period had a negative impact on the results. Up to H1/2018, the company was expecting a new turnover record – but then extremely low... more
Strong year too on US east coast
2018 was a year of peaks at the Port of New York and New Jersey (PNYNJ). Some 7.2 million teu were lifted and the throughput exceeded 2017’s tonnage by almost 7%. Import volumes were strong too, surging by 8.2%. According to its records, the port handled one-third of all... more
Japanese potential for port of Hamburg
When the free trade agreement between the European Union and Japan takes effect, economic experts expect to see foreign trade increase this year. Hamburg is one of Europe's leading ports for goods moving to/from Japan. A total of 1.3 million t of goods were moved as... more
Marseille Fos and Strasbourg set up multimodal partnership
Marseille Fos and Strasbourg port authorities have entered into a partnership agreement to strengthen the multimodal sea/waterway and rail links that serve the north-south axis in the hinterland of France. The four core objectives are the development of rail traffic,... more
Global fleets rise in value says Vessels Value
According to information provided by the research and data mining company Vessels Value (VV), the top ten global fleets have gone up in value by USD 17.6 billion. While the Greek fleet increased its total value by over USD 5 billion in one year, the total asset value of the... more
Good fuels and blockchain savings
It is a special coalition: BHP, the Japanese shipping company NYK, Good Fuels and Bloc recently delivered sustainable biofuels to the BHP-chartered, NYK-owned bulk carrier "Frontier Sky". The CO2 savings have been verified with Bloc’s blockchain fuels assurance... more
More cargo for port of Liverpool
The British retailer B&M is increasing its cargo volume into the port of Liverpool by 30% "following frustrations with delay-struck southern ports", as the port operator Peel Ports put it. After completing a successful trial at the port of Liverpool, the... more
Hapag Lloyd redeeming ahead of deadline
The Hamburg-based carrier Hapag-Lloyd has decided to partially redeem EUR 170 million of its senior note at a fixed redemption price of 103.375% on 11 February 2019, prior to its maturity in 2022. The senior note was issued in February 2017 with an aggregate principal amount... more
Record year for port of Barcelona
Attaining new heights: The port of Barcelona was able to increase its container throughput by 15% in 2018. The port lifted a record 67.7 million t across all cargo sectors last year, a 10% increase year-on-year. Container traffic last year was in excess of 3.4 million teu -... more