"Janus-faced" year for Cargotec 
The Finland-based Cargotec group expects its 2019 operating profit to improve vis-a-vis 2018 (EUR 242.1 million). The company said 2018 was somewhat of a “Janus-faced” year. While order numbers rose in all business areas, the company was unable to achieve its financial... more
Strike in Belgium will impact freight business
A 24-hour national strike is taking place in Belgium from 06.00 today (13 February 2019). The whole country will be impacted by a nationwide shutdown of public services including schools, public transport and ports. Operations in the port of Zeebrugge will suffer... more
Barcelona calls for greater port autonomy
Spain’s Puertos del Estado recently organised a meeting for port authority presidents and directors in Palma de Mallorca. During the gathering, which was held to share positions on the new strategic framework of Spain’s port system, the port of Barcelona called for more autonomy... more
Bremen: facelift for Oslebshauser lock
The Oslebshauser lock that provided access to Bremen's industrial port for 110 years is to be upgraded in a joint project coordinated by the German port operator, Bremenports. The scheme will create a basis for around 50 companies with some 3,000 employees. The lock has... more
Port of Ystad: more traffic with Poland in 2018
2018 statistics reveal that the port of Ystad's registered a marked surge in cargo transport, lorries and cars. Björn Boström, CEO of the Swedish port, declared: "It is quite encouraging that our clients’ efforts and continued growth in our key markets are paying off."... more
Ports of Auckland realising potential
The "Gottfried Schulte" became the first containership to berth recently at Ports of Auckland’s new Fergusson North Wharf, which is not yet fully operational. Fergusson North will eventually be the New Zealand-based port operator's premium berth with the deepest... more
Sea Cube Container Leasing nets new contract
The US Transportation Command, Directorate of Acquisition, Scott Air Force Base in Illinois has awarded a contract to New Jersey-headquartered Sea Cube Container Leasing International. The pact covers the leasing and transport of intermodal container equipment. Sea Cube was... more
Modest progress at HHLA in 2018
The German port operator, Hamburger Hafen und Logistik (HHLA), has tabled its unaudited figures for financial year 2018. Revenues rose to EUR 1.29 billion, a 3% increase year-on-year, while earnings before tax and interest shot up by 18% to EUR 204 million. HHLA’s container... more
Swiss enterprise snaps up major stake in Sinwa
Listed on the Singapore Stock Exchange, Sinwa Group is one of Asia Pacific’s major marine supply and logistics companies serving more than 100 ports from twelve offices in Singapore, China, Australia, Malaysia and Thailand. The private Swiss bank, SYZ Capital, has now... more
