Noatum sells BCDS stake 
Noatum, a Spanish affiliate of the AD Ports Group, has sold its 27.9% stake in the Barcelona Container Depot Service Group (BCDS) for EUR 11 million, generating a one-time capital gain of EUR 10 million. This divestment is in line with the AD Ports Group’s strategy to manage its... more
MOL joins Tokyo Bay ESG project
Mitsui O.S.K. Lines (MOL) has joined the ‘Tokyo Bay ESG Priority Project’ for 2023 with its ‘Wind Hunter Project’, a zero-emissions vessel initiative incorporating wind power and hydrogen. This project is in line with the Tokyo metropolitan government’s vision of a... more
Big bang in Hamburg 
No lull in the storm over MSC’s potential minority stake in HHLA. There’s no question that the Northern Range ports will have to come up with something special in the face of competition from the Western Range. A cooperation agreement between the terminal operators HHLA and... more
Unifeeder expanding green fleet
The Unifeeder Group is making strides towards reducing its emissions and becoming more sustainable by entering a long-term time-charter agreement for two methanol-capable container feeder vessels, with an option for two more. The 1,250 teu vessels, managed by the German firm... more
Spanish ports report mixed figures
Spain’s state ports moved 365.6 million t of merchandise between January and August this year, which represents a decrease of 4.1% compared to the same period in 2022 – but 1.5% more than in 2021. 2022 didn’t yet see a return to the levels of 2019 (381.5 million t from January... more
New Istanbul hub for Varamar
Varamar has responded to increasing demand from the Caspian Sea region and the Middle East by opening a branch in Istanbul (Turkey). Emre Öncü, the new managing director of Varamar Istanbul, will head the office. This expansion of its global presence augments Varamar’s... more
Noatum's expansion in Europe
AD Ports Group has announced that its logistics cluster operator Noatum is acquiring a 100% equity ownership of Sesé Auto Logistics, a finished vehicles logistics (FVL) business, for EUR 81 million (USD 85 million). Sesé Auto Logistics handles road and rail transport logistics... more
New short sea service is on
The shipping company Boluda Lines and the multimodal logistics company Samskip have launched a joint short-sea container service between the ports of Santander, Dublin and Liverpool. The service will be operated by the container ship “Lucía B”, with a nominal capacity of 803... more
Cooperation between HFW and ESA
Global law firm HFW has entered into a cooperation agreement with the Emirates Shipping Association (ESA), which represents the UAE's private maritime sector. HFW helped establish and register the association at a federal level and has been providing continuous legal and... more
Global container streams increasing slightly
The latest flash estimate of the RWI / ISL container throughput index climbed to 124.7 points in August, against an adjusted 123.4 points in the previous month. Regional container throughput as reported by the RWI Leibniz Institute for Economic Research and the Institute of... more