A EUR 23.5 million loan for Arkas 
The Turkish company Arkas Logistics has secured an agreement with the European Bank for Reconstruction and Development (EBRD) for a loan of up to EUR 23.5 million to purchase heavy equipment, wagons, and supplementary machinery. Operating under the sea freight specialist... more
First guide to help reduce underwater noise
Commercial shipping is one of the main contributors to underwater noise at low frequencies and research has shown that the noise is harmful to the critical life functions of a wide range of marine life. The International Chamber of Shipping (ICS) and the international... more
Moerdijk port strengthens ties with Bilbao
A delegation from the Dutch port of Moerdijk recently visited the port of Bilbao to strengthen commercial ties, particularly in container trade. The meeting with Bilbao Port Authority representatives highlighted the success of a W.E.C. Lines service, which has increased... more
Gothenburg opens new ro-ro service to Asia
A new ro-ro shipping service between the port of Gothenburg and Asia has commenced, offering direct connections to Chinese ports via Singapore. Operated by Cosco Shipping Specialised Carriers, it primarily transports Swedish export cars to Asia and Chinese vehicles to... more
A 15-year extension for ACT operations
APM Terminals has received approval to extend its concession for the Aqaba Container Terminal (ACT) in Jordan by 15 years, until 2046. This agreement, made in partnership with the Aqaba Development Corporation (ADC), marks a significant milestone for APM Terminals, which has... more
IAPH pushes future fuels at CEM15 event in Brazil
At the clean energy ministerial meeting (CEM 15) which was held in Brazil this week, IAPH participated in the clean energy marine hubs (CEM Hubs) event, focusing on accelerating the development of renewable fuels transport. Greece, which represents 20% of global shipping,... more
“A vital and direct role” 
In conversation with Charles Baker, CEO of the Baltic Hub Container Terminal (BHCT). In 2019 PSA International, in a joint venture with the Polish Development Fund and the IFM Global Infrastructure Fund, made its first investment in Central and Eastern Europe by acquiring the... more
Container market faces steep Q3 rate drops
Container spot rates dropped by 43% in Q3/2024, marking the worst third-quarter performance in a non-Covid year since the Shanghai Containerised Freight Index (SCFI) was introduced in 2009, according to Bimco’s chief shipping analyst, Niels Rasmussen. The SCFI, which tracks... more
New ships in DP World fleet promise fuel savings
DP World has expanded its marine fleet with two newbuildings, the ‘Navios Utmost’and the ‘Navios Unite’, which were named at a ceremony in China’s Changhong shipyard. These Sapphire 5300 compact gearless containerships are part of DP World’s fleet renewal, focusing on... more
Automation dispute triggers strikes in US ports
An ILA port strike in the USA, involving 45,000 dockworkers, began at midnight on 1 October, closing around 36 ports on the East and Gulf Coasts. This industrial action significantly affects nearly half of the country’s import and export activities, leading to disruptions and... more