A record year for AD Ports
AD Ports Group has reported strong operational and financial performance for 2023, with revenue more than doubling year-on-year to AED 11.68 billion (USD 3.2 billion). Ebitda rose 23% year-on-year to AED 2.67 billion (USD 0.73 billion), with net profit increasing 6% to AED 1.4... more
LNG car carrier on maiden voyage
The port of Immingham welcomed the “CMA CGM Indianapolis” on its maiden voyage. Operated by the CMA CGM Group, the LNG-powered vessel is the first of four car carriers, each with a 7,000-vehicle capacity. The vessel, measuring 200 m in length, operates at a speed of 19... more
Jacksonville's port expands its horizons
In the 2024 state of the port address, Jaxport CEO Eric Green outlined growth initiatives, infrastructure projects, new trade lanes, and partnerships. Key developments include direct container service with South America, an agreement with Enstructure for expanded breakbulk cargo... more
Foundered on ‘Monitoring Reef’
Sale of majority stake in HMM fails, due to conditions for future management. Takeovers tend to fail on account of the price. In the case of the South Korean shipping line HMM, however, the bidder Harim objected to restrictions of its future entrepreneurial freedom. Was it wise,... more
Making livestock fit for re-export?
Australia's department of agriculture, fisheries, and forestry (Daff) reports that all livestock from the “MV Bahijah” have been discharged and trucked to premises in Western Australia. The carrier had loaded cattle and sheep in Fremantle Port bound for the Middle East but... more
RMI approves Anemoi rotor sails
The Republic of the Marshall Islands (RMI) maritime administrator has granted an approval in principle (AIP) to Anemoi Marine Technologies for their rotor sail systems, following a review of two configurations of this wind-propulsion technology. Rotor sails, also known as... more
A new option for transpacific trade
Ocean Network Express (ONE) is launching the Asia Pacific 1 (AP1) service to enhance its transpacific network. AP1 will connect Asia and the US West Coast, with direct routes from Taipei and Shekou to Los Angeles and Oakland. The initiative aims to cater to the growing import... more
Promoting eco-friendly marine fuels
Arkas Bunker, a subsidiary of Arkas Holding, has become the first bunker supplier in Turkey to obtain the international sustainability and carbon certification (ISCC) for marine fuels. The ISCC supports sustainability in agriculture, food, and bioenergy industries, ensures... more
Two projects in European inland navigation
In Belgium, the autonomous port of Liège – the country’s first inland port and the third in Europe - and the Public Service of Walloon Mobility and Infrastructure (SPW MI) are planning to launch two projects: the raising of the bridges located on the Albert Canal (Hermalle,... more
From St. Helena to Europe
Macs Maritime Carrier Shipping is launching a new feeder service following a five-year contract with St. Helena’s government. It will include monthly trips from Cape Town to St. Helena, with additional stops at Lüderitz and, on demand, Mossel Bay. Cape Town and Walvis Bay... more