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
Crane upgrade at VICT
The Victoria International Container Terminal (VICT), a fully-automated container terminal and a subsidiary of ICTSI, is preparing to receive the largest box ships ever to arrive in Australia by taking delivery of two new automated ship-to-shore cranes (STS). The cranes are... more
Sweden’s first suction mooring
The port of Kapellskär in Sweden has introduced innovative technology, including auto-mooring with vacuum pads and next-generation onshore power connections. The new Finnlines vessel, the ‘Finnsirius’, now uses vacuum pads to dock, significantly reducing mooring times. This... more
Shippers face 29% inflation in 2023
According to Sea Intelligence, cost inflation in the shipping industry in 2023 remains high at 29% compared to pre-pandemic levels. Hapag-Lloyd's financial data serves as a market proxy for this assessment. Cost inflation reached its peak in Q3/2022 at 64%. Carriers... more
A throughput to celebrate
Contecon Guayaquil (CGSA), an International Container Terminal Services, Inc. (ICTSI) subsidiary in Ecuador, is celebrating a throughput of 135 million t of cargo during its 16 years of operation at the Port of Guayaquil. This milestone highlights CGSA's commitment to... more
Shipnext receives grant for supply chain AI
Shipnext, an online cargo platform, has secured a substantial, multi-year grant from Flanders Innovation & Entrepreneurship (Vlaio) to advance the use of predictive analytics and AI in the supply chain. Shipnext will develop a supply chain volatility forecast to help... more