Silver bullet for Montevideo terminal 
The Terminal Cuenca del Plata (TCP) in Montevideo (Uruguay) in Latin America is investing in new equipment. TCP, a company owned by Katoen Natie (80%) and National Port Authority ANP (20%), has earmarked more than USD 500 million for the expansion of the specialised container... more
Record fleet expansion ahead
According to Bimco, a record 350 new container ships were delivered in 2023, totalling 2.2 million teu and surpassing the 2015 record. Container fleet capacity increased by 8%, the highest growth rate since 2011, with ships over 15,000 teu dominating. 2024 anticipates even... more
Japanese wind power union
Mitsui O.S.K. Lines (MOL) has formed a capital alliance with Hokutaku, Japan's largest wind turbine maintenance company. With this alliance, effective from 9 January 2024, MOL acquires a majority stake in Hokutaku. Independent of specific manufacturers, Hokutaku services around... more
Top-ranking carriers switch places in 2024
In January 2022, MSC took the crown from Maersk as the world's largest shipping line with a fleet of 645 units and a combined capacity of almost 4.3 million teu. While Maersk’s fleet shrank in 2023 by 112,500 teu or 2.7%, MSC added a little more than one million TEU of capacity... more
New links London to Rotterdam
P&O Ferries is launching a new roro freight route between London (Tilbury 2) and Rotterdam (Europoort), starting March 2024. This addition bolsters P&O Ferries' network, creating five hubs - Hull, Teesport, Tilbury, Zeebrugge, and Europoort - and increasing the number of... more
Hydrogen-powered crew transfer vessel
FRS Windcat Offshore Logistics has introduced the 'Hydrocat 55', Germany’s first hydrogen-powered dual-fuel crew transfer vessel (CTV), for 50 Hertz operations in the Baltic Sea. Developed in partnership with Cmb.tech, the vessel is equipped with a hydrogen injection system... more
A terminal for EUR 10 million
AD Ports Group has announced that Noatum Terminals, part of Noatum Group, has acquired 100% of APM Terminals Castellón in Spain for EUR 10 million. The deal includes a long-term agreement with the stevedoring union, ensuring stability and productivity. The acquisition... more
Zim connects Asia with East Med
Zim Integrated Shipping Services has expanded its ZMP service, which connects Asia with the East Mediterranean, to include a new stop at Cai Mep Port in Vietnam. This addition positions Zim as the sole major carrier offering a direct connection from Vietnam to the East... more
Trois-Rivières' first 2024 vessel
The 'Lowlands Hope' sailing under the Singapore flag was the first vessel of 2024 to dock at the Port of Trois-Rivières in Quebec on 2 January, after a 17-day Atlantic crossing. Departing from Sao Luis, Brazil, with 21 Indian and Filipino crew, it carried alumina for Alcoa -... more
Grimaldi Group expands in Greece
The Grimaldi Group, an Italian private shipping company, has acquired a 67% majority stake in the Heraklion Port Authority (HPA) for the price of EUR 80 million. This move comes after its recent acquisition of the Igoumenitsa Port Authority. The Heraklion port, the largest... more