CMA CGM grows footprint in Brazil 
CMA CGM has signed an agreement to acquire a 48% stake in Brazil’s terminal operator Santos Brasil, which also operates the largest container terminal in South America at the port of Santos. This acquisition, expected to close in early 2025, will enhance CMA CGM's presence... more
Grimaldi Group strikes a deal in Heraklion
The Grimaldi Group has bought a 67% stake in Heraklion Port Authority (HPA) for EUR 80 million through a consortium including Grimaldi Euromed and Minoan Lines. This acquisition, which was finalised with the Hellenic Republic Asset Development Fund (HRADF), marks a... more
New BBC vessel arrives in Cuxhaven
BBC Chartering celebrated the first port call of its new vessel, “MV BBC Leer”, in Cuxhaven, Germany. The "Laker Max"-series ship, designed for efficient cargo transport, discharged windmill blades from Mexico. The vessel is equipped with two Liebherr cranes,... more
“AAL Houston” joins super B-class fleet
AAL Shipping has taken delivery of its third super B-class vessel, the “AAL Houston,” a 32,000 dwt multipurpose heavy lift ship designed to meet future industrial project demands. Equipped with three cranes and an expanded deck space, it will join its sister ships on key global... more
Spliethoff Group to operate over 140 vessels
Spliethoff Group has acquired a majority interest in the full-service maritime and offshore logistics provider Forest Wave, integrating it as the seventh business unit within its organisation starting 30 September 2024. This acquisition increases Spliethoff's fleet to over... more
WEC Lines launches Hamburg-Portugal service
WEC Lines is launching a new weekly shipping service between Hamburg and Portugal starting on 23 September 2024. It will offer a fast, eco-friendly alternative to trucking, with departures from Hamburg on Sundays and arrivals in Leixões and Setúbal by the weekend. The route... more
Circle lands EUR 300,000 port digitalisation deal
Circle has signed a contract with a Mediterranean port for the use of federated services to digitalise port operations over twelve months. The project includes deploying the Milos Transport Federative Platform, enhancing the management of cargo flows, and integrating systems... more
Kestrel Mare: new joint venture in Italy
Harren Group, Kestrel Italia, and Intermare have formed a joint venture named Kestrel Mare, based in Genoa, Italy. It merges the business units of Intermare and Kestrel Italia under one brand, focusing on project cargo and heavy lift services. Kestrel Mare will serve as the... more
Ship recycling hits 16-year low amid high demand
According to Filipe Gouveia, shipping analyst at Bimco, the number of recycled dry bulk ships has dropped by 42% year-on-year, the second-lowest level in 16 years, due to strong freight demand and high rates. Only 45 ships were recycled in 2024, accounting for 2.5 million... more
Port of Strasbourg unveils strategy for 2024-2028
The Port of Strasbourg has launched its 2024-2028 strategic plan 2024-2028, which focuses on decarbonisation, multimodality, territorial integration, and collective action. As the second largest inland port in France, the port aims to modernise its infrastructure, enhance... more