MSC and Messina finally engaged 
Switzerland-based MSC has acquired 49% of the Messina Group's shares. Banca Carige and Messina say that they have reached a final agreement about the debt terms and that they believe the MSC Group will play an active role as a new partner. Messina Group, Banca Carige and... more
Port of Malaga: certification for Noatum Terminals
Noatum Terminals’ facility in the port of Malaga (Spain) has been awarded the GMP + Feed Safety Assurance (FSA) certificate, which guarantees that all the products intended for animal fodder in all the links of the food chain are harmless. The GMP+FSA certificate is an... more
Great Lake Dredge & Dock working on Texas coast
As a further step towards implementation of the port of Corpus Christ’s channel project, the US Army Corps of Engineers (Usace) has awarded a USD 92 million construction contract to Great Lakes Dredge & Dock Company. Its task will be to deepen and widen the Texan port’s... more
Expansion work starts at Caen-Ouistreham port
Work has begun on the extension and refurbishment of the outer harbour of Caen-Ouistreham in Normandy (France). The broad development project of the Ports Normands Associés (known as Ports de Normandie since 7 January 2019) is also related to the installation of the wind... more
Crew fighting fire on "Yantian Express"
The Hamburg-headquartered carrier Hapag Lloyd has announced that an incident occurred the "Yantian Express". On 3 January, a fire broke out in one container on the deck of the vessel and spread to additional containers. While the crew of eight officers and 15 seafarers... more
Port of Dunkirk automates customs clearance
The long shadow cast by Brexit also falls on the French side of the Channel. The Regional Directorate of the Customs Authorities in Dunkirk has now authorized customs clearance round the clock in the port of Dunkirk. The freight forwarding company DSV, which made the... more
Moore Stephens: green times looming on horizon
The London-based accountant and shipping adviser Moore Stephens is positive about the financial future of shipping. The industry will continue to attract investors in 2019 if it fulfils its environmental, social and governance (ESG) responsibilities, said Richard Greiner, a... more
IRClass expands activities in Middle East
The Indian Register of Shipping (IRClass), a classification company, is expanding its activities. In a bid to further strengthen its footprint in the Middle East, IRClass has received authorisation as a RO from the Hashemite Kingdom of Jordan. Furthermore, the company has also... more
Port of Antwerp clinks "grand cru" glasses
The port of Antwerp expects its 2018 figures to outshine those from 2017, and has spoken of a "grand cru year". Antwerp says its position as a major European port and Europe's largest integrated chemistry cluster was reinforced last year. The throughput forecast... more
Is world trade gaining ground again?
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) came in at 133.7 points in November 2018 (validated). That was a slight... more