Maritime research consultancy Drewry believes that the industry’s supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logistics integrators…
Transporting a 112MT transformer across the world is no simple task. The stakes are even higher when the sophisticated cargo is destined for an oil and gas plant and time is of utmost importance.Global Freight Forwarder Kintetsu World Express…
Not so much the weight, but rather the precise handling of the cable tanks required the utmost attention while loading the MV 'Chipolbrok Moon' in the Port of Hamburg.Four cable tanks with a unit weight of 110 tons and dimensions of 6.06 x 7…
Despite the persistently challenging market environment, German terminal operator Eurogate managed to close the 2018 financial year with stable container handling volumes.In 2018, the Bremen-based group managed to handle a total of 14.1 million TEUs at its twelve locations in and around Europe…
Major ports in India together handled 578.86 Million Tonnes (MT) of cargo during April-January 2019, representing a growth of 3.11 per cent, an official statement said.The major ports had handled 561.39 MT cargo in the corresponding period of previous fiscal…
As a part of the ongoing development of Stena Line’s Irish Sea route network, the Stena Forecaster has been transferred from Stena RoRo to Stena Line and will enter service on the Belfast – Liverpool route from today - Tuesday, 12 February 2019…
The Greek port of Piraeus signed a memorandum of understanding (MoU) with Italy’s port authorities from the cities of Venice and Chioggia.The agreement seeks to develop port services and promote increased trade flow between Europe, the Mediterranean and the Far East…
Sea Port of Saint-Petersburg (CTSP), a company of UCL Port, stevedoring division of the international transportation group UCL Holding, handled 7.7 million tonnes of cargo showing a 12-pct increase versus the result of 2017.The increase of cargo…
German port operator Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 3 percent to EUR 1.29 billion in the 2018 financial year (previous year: EUR 1.25 billion). The Group’s operating result (EBIT) of EUR 204 million (previous…
Hamburg-based feeder operator Team Lines, which belongs to the Belgian Delphis Group, will close down its business.The deteriorating market conditions in Northern Europe combined with the ongoing consolidation process in the maritime sector…
Swedish Ports of Stockholm summarized 2018 as a record revenue year, with stable freight volumes and a record number of cruise passengers.Sweden’s biggest passenger port saw more than 16 million passengers travelling by ferry, cruise ship or on archipelago services in 2018…
Spain's Port of Barcelona closed financial year 2018 with a 15% increase in container traffic and record results in the main traffic indicators.According to a press release, the results also confirm the increase in intermodality, with significant growth in rail transport and Motorways of the Sea…
Indiana's three major shipping ports handled a record amount of cargo last year as a big jump in coal shipments helped them see 25 percent growth in 2018.'The Ports of Indiana, which includes the Port of Indiana-Burns Harbor, the Port of Indiana-Jeffersonville and the Port of Indiana-Mount Vernon…
Iran's Shahid Beheshti Port in Chabahar, which was taken over by Indian Ports Global Limited last month, registered high volumes in in container loading and unloading.“Container and petroleum products unloading and loading in the Chabahar port have increased by 61% and 81% respectively…
Data from Russia’s ports and Northern Sea Route show that the volume of goods being shipped out into the Arctic waterway are up by 25 percent 2018.According to information from the Russian Transport Ministry, a total of 92.7 million tons was handled by regional seaports…