Sea & Ports expands in Libya 
Sea & Ports Group, a maritime services provider, has secured an exclusive agency agreement with HMM (Hyundai Merchant Marine) in Libya. This development follows the company’s previous expansion into Morocco, Tunisia, and Algeria in 2022. The partnership, which includes... more
New CFO at HHLA's helm
Hamburger Hafen und Logistik AG (HHLA) has named Annette Walter at its new CFO to oversee finance and real estate. She joins from Steag and brings extensive experience from her time at Deutsche Bank, HSBC, and E.ON. Angela Titzrath's contract as CEO has been extended for... more
MSC investing in India
Container terminal operator Terminal Investment (TIL), part of the Mediterranean Shipping Company (MSC), is investing in India. It recently took over 49% of the shares of the Ennore Container Terminal (AECT). The box terminal is located 30 km north of Chennai Port and belongs to... more
London Gateway transitions to HVO
DP World UK has phased out fossil diesel at London Gateway, shifting to hydrotreated vegetable oil (HVO) from January 2024. As part of the company’s sustainability efforts, this change is expected to reduce carbon emissions by 8,300 t CO2 this year, equating to the annual output... more
Bangkok Port Authority opens free zone
The Bangkok Port Authority inaugurated a new free zone on 10 January, offering 24,000 sqm of warehousing and container yard space, aimed at enhancing services in the Bangkok Metropolitan Region for importers, exporters, international freight forwarders, and service providers.... more
PSA thrives in 2023
PSA International handled 94.8 million teu of containers globally in 2023. Singapore's terminal saw a 4.8% growth, procressing 38.8 million teu, while terminals outside Singapore handled 56 million teu, growing by 3.9%. This total volume marked a 4.3% uptick from 2022. In a... more
LHG braves economic headwinds
Lübecker Hafen-Gesellschaft (LHG) faced a challenging economic environment in 2023, with a 4.8% decrease in total cargo handled compared with 2022. The decline from 22.4 million to 21.3 million t was mainly due to reduced production from a major supplier, impacting roro traffic... more
Arcese leases warehouse in Spain
Arcese, a global logistics operator, and Cilsa, which manages ZAL Port, have signed a new lease for 10,264 sqm of warehouse and 957 sqm of office space at ZAL Port in Barcelona, thus reinforcing their partnership. This expansion supports Arcese's growth in Spain,... more
OOCL feels the pressure
Hong Kong-based Orient Overseas Container Line (OOCL), an affiliate of Cosco since 2018, recorded more volumes, but significantly less revenues in Q4/2023. The revenues almost halved (-49%), falling from USD 3.18 billion in Q4/2022 to USD 1.62 billion in Q4/2023.... more
Four heavy-lifts for Intermarine
Intermarine, a multi-purpose carrier based in the Americas, is planning to add more vessels to its fleet in collaboration with the Jumbo-SAL-Alliance. The significant expansion includes four heavy-lift vessels, acquired on a long-term charter, to be deployed on global trade... more