AAL: a major delivery to Texas LNG facility 
AAL Shipping has successfully transported 12,800 freight tonnes (frt) of heavy lift project cargo from South Korean ports to Beaumont, Texas, using its Asia to Americas trade lane and the vessel ‘AAL Brisbane’. The cargo, part of a significant LNG project in Texas,... more
Digital revolution in Constanta
A consortium consisting of Romanian company ‘Critical Technologies SRL’, German firm ‘HPC Hamburg Port Consulting GmbH’, and the two Estonian maritime partners EN Shipping Services OÜ and Saaresalu OÜ has won a tender for the port community system (PCS) feasibility study at... more
Bifa urges UK government to align with EC
The British International Freight Association (BIFA) calls on the UK government to align with the European Commission's decision not to extend the Consortia Block Exemption Regulation (CBER). BIFA recommends introducing an ombudsman for container market disputes and... more
New Chinese stronghold in Latin America?
The “new gringos” have struck another major deal in Latin America. In Chancay, north of the Peruvian capital Lima, Cosco Shipping Ports Limited (60%) is building a new multi-terminal and deep-water port together with the Peruvian Volcan Compañía Minera (40%). The planned... more
Lithium retrofit powers Lafarge tug
Leclanché, known for its energy storage solutions and battery systems for electric and hybrid ships based on lithium-ion cell technology, is supplying a 766 kWh Navius MRS-3 battery system to retrofit Lafarge's nearly 60-year-old pusher tug "Marsouin." The vessel... more
Decline in post-panamax values
According to Vesselsvalue, a maritime market intelligence provider, container values and earnings have hit their lowest levels since early 2021, primarily due to weakened market sentiment and a surge in newbuildings entering the market. Container values for various vessel... more
Tecon Suape’s ESG commitment
Tecon Suape, a business unit of International Container Terminal Services Inc (ICTSI) located in Brazil’s Suape port and industrial complex, has attained carbon-neutral certification in compliance with Associação Brasileira de Normas Técnicas standards (ABNT) for greenhouse gas... more
Deugro expanding in Poland
Deugro, a specialised project forwarder, has expanded its presence by opening a branch in Gdynia (Poland), as part of its growth strategy for the Polish market. The branch will offer project forwarding and logistics solutions to local and global clients from various industries,... more
Greek port expansion plans
The Thessaloniki Port Authority (ThPA) was appointed as the preferred investor by the Hellenic Republic Asset Development Fund (HRADF) on 28 September, to acquire a 67% stake in the Volos Port Authority for EUR 51 million. The decision to enter this tender is in line with... more
Sal’s future-ready deck carriers
Sal Heavy Lift is expanding its fleet with two cutting-edge semi-submersible deck carriers, the ‘Zhong Ren 121’ and the ‘Zhong Ren 122,’ in partnership with Shanghai Salvage (China). These vessels, scheduled for delivery between December 2023 and February 2024 in Shanghai,... more